Vehicle Ownership and Operating Cost Analyses Reveals Inflation, Fuel Prices, and Acquisition Costs Underpin New Mileage Rate BOSTON, Mass., December 14, 2023 – The Internal Revenue Service (IRS) has unveiled…
Read moreAs we get ready to flip the calendar to 2024, organizations are preparing themselves for what’s to come in the year ahead. At this time, the Internal Revenue Service (IRS)…
Read moreReimbursing 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….
Read moreVehicle 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)…
Read moreThe 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…
Read moreBusiness mileage reimbursement can be confusing. Especially if you don’t spend your days thinking about vehicle programs. That might be why you found yourself searching for federal mileage allowance. We’re…
Read moreMotus: Rate Increase Comes at Time of High Fuel Costs, Inflation Impacting Repairs and Maintenance, and Continued Supply Chain Challenges Driving Up Costs BOSTON, Mass., June 9, 2022 – The…
Read moreRunning a mileage reimbursement, or cents-per-mile (CPM), program without a properly-calculated mileage reimbursement rate can result in many challenges. Using a rate that suits their driving employees will help navigate…
Read moreMotus Data Analysis Illustrates Trends Informing New Rate, Impact of Pandemic-driven Volatility and Fluctuations, While Providing Guidance on Reimbursement Best Practices BOSTON, Mass., December 17, 2021 – The Internal Revenue…
Read more