Ben Reiland

  • What Happened to OPEC+ Production Cuts Raising Gas Prices? Checking back in on oil, you may have noticed a few things. The price of gasoline has been climbing, but not quite as fast as we projected in our previous oil check. So what’s happened? And what hasn’t? Did sabotage, tensions and ship seizures in the…

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  • How the IRS Impacts Your Company’s Vehicle Program Companies generally think of visits from the IRS the same way people think of being served a subpoena. Whether it’s the possibility of an audit, or just … well, anything to do with an audit, not complying with IRS guidelines can be risky. And your vehicle program…

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  • What makes a car allowance taxable income? Across industries, car allowances have long been a favorite vehicle program. The reasoning is as simple as the program itself: a car allowance is easy to implement and upkeep. Which, for a company with hundreds of mobile employees, or just a handful, may seem like the way to…

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  • Is your company’s mileage reimbursement rate the best for your drivers? Mobile workers are an integral part of any company’s business. Whether they’re made up of sales reps, managers, consultants, service providers or a combination of these and myriad other driving roles, a company will not succeed without them. So when it comes to making…

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  • Does an accountable allowance vehicle program meet your mobile workforce’s needs? When it comes to vehicle programs, your company has options. Most companies don’t know what those options are outside of what they already have. But within those options, there are more options. For example, a mileage reimbursement program, or a Cents-Per-Mile (CPM) program, can…

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  • Iranian Oil Production Projected to Plummet as Middle East Tensions Rise The days of under three dollar gas may soon be gone. In a previous Oil Check, we mentioned the likelihood that the United States would end waivers allowing countries to import Iranian oil, raising crude oil prices and allowing OPEC to increase their own…

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  • Companies that care about their carbon footprint can take these steps Carbon footprint is a weighty term. We all have one, based on the waste we produce, the emissions we’re responsible for. It’s no surprise that companies have the largest carbon footprints. Regardless of your opinions on climate change, no one prefers the alternative to…

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  • What is a mileage allowance program and how does it work? Mileage allowance. Sometimes, you hear a term and all you have are questions. What is a mileage allowance? How can it affect my company? What company does it work best with? Should my company be using it? The world of business vehicle programs is…

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  • Will OPEC stabilize the price of oil and lead to more consistent oil futures? Our last oil update came after OPEC and OPEC+ agreed to cut oil production. This combined effort followed the price dive caused by Iran’s continued—and unexpected—production of oil. Increasing demand by decreasing supply is simple economics. However, oil is never simple…

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  • What can your company do to mitigate tariff impacts on manufacturing raw materials? Manufacturing raw materials have been at the center of the trade wars between the U.S. and China. The impact of both the U.S. imposed and retaliatory tariffs has noticeably affected U.S. manufacturers. In a survey of 381 Ohio manufacturers, 66% claimed tariffs…

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