Motus Data Analysis Illustrates Trends Informing New Rate, Impact of Pandemic-driven Volatility and Fluctuations, While Providing Guidance on Reimbursement Best Practices BOSTON, Mass., December 17, 2021 – The Internal Revenue...
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So you’ve decided to reimburse your employees for driving their personal vehicles for work. Problem solved, right? Not so fast. Vehicle reimbursement has many advantages, but those benefits can be…
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If you’ve investigated vehicle reimbursement at all, you have likely come across “FAVR.” FAVR, which stands for “Fixed and Variable Rate”, is an IRS revenue procedure that can be used…
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The workforce is always evolving, but now more than ever, there is a dramatic transformation in the way people work. Work today is mobile, and the lines between business and…
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Today’s office would be a foreign world to a worker of the past. The cubicle walls have fallen, replaced by open floor plans. Laptops, tablets, even cell phones are now…
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Every year the IRS announces a new IRS mileage rate. That number is generally somewhere between 60 cents and 30 cents, but it has considerable impact on many companies’ vehicle…
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It’s 2015, and cell phones are now ingrained into every nook and cranny of our lives—and that includes our workspaces. Once considered office distractions, cell phones are now an office…
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Every business trip is different, yet many employers reimburse their workers using one static rate. This ignores costs like fuel, which changes with every trip depending on the length of…
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