Car allowances are popular among many businesses for a number of reasons. For one, they’re easy to implement. For another, they don’t change a whole lot. Each month, companies reimburse employees who…
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Out of the 50 states that make up the union, California is definitely in the top five for coverage. Hate it or love it, they’re doing things that are newsworthy….
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There are four well-known options that companies can choose from for their business vehicle program: company-owned vehicles, flat or car allowance, fixed and variable rate and cents-per-mile (CPM) reimbursement. While…
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If you had to make a list of things essential to your business, how long would it be? What would be on it? More likely than not, business travel makes…
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Reimbursing employees accurately for the business mileage they put on their personal vehicles is no joke. The consequences of not doing so range from increased T&E expenses to legal action….
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The 2023 IRS Standard Mileage Rate is $0.655 On December 29th, 2022, the IRS announced the 2023 IRS standard mileage rate as 65.5 cents. The rate changed from the 2022 mid-year…
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Vehicle Ownership and Operating Cost Analyses Reveals Inflation Underpinning New Mileage Rate, Provides Guidance on Vehicle Reimbursement Best Practices BOSTON, Mass., December 29, 2022 – The Internal Revenue Service (IRS)…
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When your employees are driving personal vehicles and using their own devices and other personal assets for work, reimbursement is essential. In many states, failure to accurately reimburse employees can…
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Employee integrity within the workforce is something desired by all, but sometimes it is inevitably unattainable. As it turns out, one of the most common examples of employee theft happens…
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