For those of us who work on the road, accuracy and transparency into business mileage are of paramount importance. That’s why we have articles to help cut through the confusion surrounding IRS rules and business mileage.
We’re well into the fall season and seven months into the pandemic, but still continue to see business activity disrupted in the U.S. given the uncertainties surrounding COVID-19. The severity of the disruption varies by region and industry. Many leaders are monitoring multiple leading indicators of business activity as they make key decisions surrounding how…
Continue ReadingOctober has a reputation as the spookiest month. Darkness falls earlier in the evening and temperatures fall to a bone-chilling cold. We may find ourselves enjoying a scary movie marathon before the Spooktacular celebration of Halloween in its final weekend. With the thoughts of fears and frights, October is also a good time to consider…
Continue ReadingAfter nearly seven months of uncertainty surrounding the U.S. economic recovery, one thing is for certain: reaching pre-COVID levels of business will take a considerable amount of time. And when it does happen, it will occur at varying rates across the country. While the unemployment rate decreased for the fourth consecutive month, the number of…
Continue ReadingThis year has been far from an easy one for anyone, and, barring alien invasion or the moon exploding, will likely remain a standout for years to come. You might be ready for a new year, but we have several months to go. Opening your eyes to new insights and ideas that can control costs…
Continue ReadingCalifornia has frequently led with policies that other states follow. On Monday, August 17th, they led again by agreeing with several giants in auto-making on a deal regarding car emissions standards. This deal undermines the Trump administration’s rollback of Obama-era emission standards, which were established in 2012. What does this mean for auto-manufacturing and the…
Continue ReadingToday’s pandemic has forced all of us to re-evaluate our schedules, our priorities and our decisions. That includes the business decisions we’ve made to adapt to current circumstances: cutting costs, halting business travel and, in some cases, furloughing and laying off employees. Every company has needed to adapt. Most companies have focused on uncovering cost…
Continue ReadingWhile the positive turn in the May 2020 jobs report took many by surprise, it came as less of a shock to those following business mileage as an indicator of economic growth. After hitting a low point the week of April 5th, business activity began a steady rise that we saw reflected in the numbers…
Continue ReadingHandling Vehicle Program Liability and Compliance Vehicle program liability and compliance are broad topics that differ with every program. The basics, however, are simple. As most things, there are right ways, wrong ways and risks if you go with the second of those options, intentionally or otherwise. What are the right ways and, if not…
Continue ReadingBusiness mileage continues to show its merit as an early indicator of economic growth. And according to our latest bi-weekly Mileage Trends Flash Report, business activity continues to trend upwards as different parts of the U.S. reopen. Even with the Memorial Day holiday interrupting the usual work week, business driving activity has increased 51% since…
Continue ReadingA month ago we released our first Mileage Trends Flash Report, which provides insight into the current state of national business mobility, and highlights how business mileage is evolving across locations and industry sectors as different parts of the U.S. reopen. Last week, our second Mileage Trends Flash Report found that business driving activity has…
Continue Reading