Vehicle programs. Whether you’re in the pizza business, the healthcare space, construction, any of the numerous business services markets or some other industry, chances are you have one. Vehicle programs,…
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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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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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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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Not every vehicle program requires mileage logs. For companies with fleets and car allowances, capturing business mileage may seem like busy work. However, mileage logs are more than just the foundation for…
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The answer to the question “What is the national average for mileage reimbursement?” is pretty straight forward. But vehicle programs can be unnecessarily complicated. Technically speaking, mileage reimbursement is different…
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Vehicle programs are a necessary piece of many businesses. From beverage distributors to business services, construction to pharmaceuticals, driving employees play an essential role. It’s also fairly common for companies…
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