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Is It Time to Switch from a Company Fleet to a FAVR Plan?
After three years of vehicle price increases and inflation in vehicle-related costs, now is a good time to reevaluate your company fleet. Your orga....
Is Your Car Allowance Fair or Contributing to Turnover?
In a report last year, LinkedIn estimated that the cost of losing an employee often equals 1.5 to 2 times that employee's salary. Here are some way....
Are Employers Required to Reimburse Employees' Mileage?
Employers are not required by federal law to reimburse mileage incurred by employees for work. But they absolutely should adopt some kind of vehicl....
How Do You Calculate Taxes on a Car Allowance?
Not everyone realizes that the IRS treats car allowances as taxable income. If your organization does not withhold taxes on employee car allowances....
Should All Co-Workers Receive the Same Vehicle Reimbursement?
It is common for businesses to pay the same car allowance or reimbursement to all employees who operate vehicles. But some organizations offer more....
Why You Need to See Your Employees' Auto Insurance Policy Declarations
Proof of employees' auto insurance will not be enough to protect your business in the event of an accident. It is vital to keep records of each emp....
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