Vehicle Reimbursement

FAVR Reimbursement plan

What is a FAVR Vehicle Reimbursement Plan?

Car Allowance Taxable

Business Vehicle Programs: Why is a Car Allowance Taxable?

image of woman with spreadsheets evoking corporate expense management

The Guide To Corporate Expense Management and Business Reimbursement Programs

business man using calculator evoking irs mileage rate

What is the Current IRS Mileage Rate? How Does it Impact Your Business?

vehicle programs

Vehicle Programs: The Guide to Vehicle Reimbursement Programs

The Importance of Accurate Mileage Logs

image of vehicle dashboard evoking variations in odometer readings

Variations in Odometer Readings

You may be wondering why the odometer reading in your vehicle differs from the distance calculated by an online mapping provider. The answer is simple: although vehicle odometer readings are close to the actual mileage traveled, they are not precise. Surprising to many, there is no federal law that regulates odometer accuracy, only guidelines by The Society of Automotive Engineers that allow for a margin of error of plus or minus four percent. A FOX19 report on odometer readings found that four vehicles of different makes all registered inaccurate readings. Some readings overshot the mileage driven, while others under reported the mileage driven. Even a variance of twenty feet per mile driven could result in a discrepancy of over five-hundred miles over the vehicle's lifetime.
Vehicle Reimbursement Program

How Your Business Can Benefit from Motus’ Vehicle Reimbursement Program

claiming unreimbursed mileage

Mileage Deduction Rules: Claiming Unreimbursed Mileage on Your Tax Return

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