Employees that drive their personal vehicle for work require reimbursement. It’s not just the right thing to do. In many states, not reimbursing employees for business mileage is a violation…
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Companies choose their business vehicle program for any number of reasons: cost control, ease of administration, benefit to driving employees. So what is a vehicle allowance? And why would a company use it as…
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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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Mobile workers incur a wide range of expenses as they drive. From fuel and maintenance costs to insurance premiums and depreciation, they must be repaid accordingly. Tracking, processing and reimbursing…
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Vehicle programs. Whether you’re in the pizza business, the healthcare space or any of the numerous business services markets, chances are you have one. They’re often so much a part…
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Switching to an allowance from a company car program? Your company has a fleet. You’re getting sick of personal use piling up and employees not treating cars well. Maybe you have…
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What makes a car allowance taxable income? Across industries, car allowances have long been a favorite vehicle program. The reasoning is as simple as the program itself: a car allowance…
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Does an accountable allowance vehicle program meet your mobile workforce’s needs? When it comes to vehicle programs, your company has options. Most companies don’t know what those options are outside…
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Flat car allowance models, in which single, company-wide rates are used to reimburse all employees for any business travel, have historically been a popular method of mileage reimbursement. Unfortunately, though, this model just isn’t flexible enough to reimburse all employees fairly. For example, giving each employee $300 a month to cover all business travel expenses might initially seem like the easiest approach; but by not calculating individualized, location-specific reimbursements, companies usually end up either underpaying or overpaying workers.
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