Reimbursement

  • Offsetting the Effects of Car Depreciation with Motus When you purchase a vehicle, whether it be fresh off the lot or used from a dealership or online marketplace, this asset depreciates as soon as you start driving it on the road. Simply put, car depreciation can be defined as the declining value of an asset…

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  • Illinois’ New Labor Law and Business Mileage Reimbursement Illinois recently passed an amendment to the Illinois Wage Payment and Collection Act (IWPCA). This amendment requires employers to reimburse their workers for “necessary” costs “directly related to services performed for [their] employer[s].” While this new law does not go into effect until January 1st of 2019,…

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