Vehicle Ownership and Operating Cost Analyses Reveals Inflation, Fuel Prices, and Acquisition Costs Underpin New Mileage Rate BOSTON, Mass., December 14, 2023 – The Internal Revenue Service (IRS) has unveiled...
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There’s no question that maintaining work-life balance is an important part of cutting stress and keeping your workforce healthy and happy. A recent study by the American Psychological Association found that a whopping 60 percent of Americans report work as a major cause of stress – and even more alarming – that stress is proving to have serious health effects. Workers with high job demands are 50 percent more likely to be diagnosed with a medical condition than those without this stressor.
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Let’s set the record straight: no, the IRS mileage rate is not a required mileage reimbursement rate. Set by the IRS, the standard business mileage rate serves as a “safe…
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“The Internet of Things” (IoT) is the network of physical objects embedded with electronics, software, sensors, and network connectivity collecting and exchanging data – or in layman’s terms, the growing…
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Technology has always been key in advancing business. Today, more and more companies across a spectrum of industries are implementing enterprise mobility strategies. And they aren’t just integrating mobile into…
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How have you been recently? Busy? I thought so. You are not alone: Americans from New York to North Dakota feel their lives are more hectic than ever. It’s easy…
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Employers have two options for providing for their mobile workers: offering company-provided vehicles (fleets) or reimbursing employees for the business use of their personal vehicles. While both programs offer many…
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Reimbursing employees who drive for work can be tricky business. There are many “moving parts” to consider, like volatile gas prices, maintenance costs, insurance premiums, and taxes, just to name…
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Over the last two decades, our lives have been slowly taken over by technology. Take a moment to look around you. How many screens do you see? Did you include…
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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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