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Latest industry insights from the best
Fixed Costs vs. Variable Costs and Your Business Vehicle Program
Most businesses experience both fixed expenses and variable expenses. Knowing the difference is important, especially if your organization reimburs....
What Costs Does a Car Allowance Cover?
You company's car allowance covers a wide range of employee vehicle expenses. If you have not adjusted the a....
When Should an Employer Reimburse Mileage?
No federal law requires employers to reimburse their employees' business vehicle expenses. But many companies choose to – for good reasons.
How Much a Typical Car Allowance Costs
The car allowance is one of the most overlooked business tools within most organizations. It seems simple enough and easy to maintain. But the simp....
Standard Car Allowance vs. FAVR Allowance - Which Is Better?
Interest in FAVR vehicle plans, also known as fixed and variable rate car allowances, is on the rise. Many organizations are wondering about this a....
Should a Company Pay Less than the IRS Mileage Rate?
When deciding on a mileage reimbursement rate, many companies look for guidance to the published standard mileage rates from the IRS. But the quest....

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