Category: Vehicle Reimbursement

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FAVR Vehicle Reimbursement
Vehicle Reimbursement

How Motus Can Save You $3,000 Per Employee Each Year

Alexis Reed on October 12, 2015

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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Vehicle Reimbursement
Anywhere Workforce Vehicle Reimbursement

Vehicle Reimbursement: Selecting the Right Program

Motus on October 6, 2015

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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FAVR
Vehicle Reimbursement

What is a FAVR Vehicle Reimbursement Plan?

Alexis Reed on September 24, 2015

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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IRS Mileage Rate
Anywhere Workforce Vehicle Reimbursement

What is the IRS Mileage Rate? How Does it Impact Your Business?

Danielle Lackey on September 3, 2015

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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Localized Driving Costs
Vehicle Reimbursement

The Impact of Localized Driving Costs on Vehicle Reimbursement

Amanda Pettengill on August 19, 2015

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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