If you’ve never heard of fixed and variable rate (FAVR) reimbursement, or you’re not entirely sure what it is, you’re not alone. While FAVR has been around for awhile, it…
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The 2024 IRS Standard Mileage Rate is $0.67 On December 14th, 2023, the IRS announced the 2024 IRS standard mileage rate as 67 cents. The rate changed from the 2023…
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Switching vehicle programs can be daunting. While not often in the spotlight, vehicle programs are an essential function of most, if not all, companies. Making a change can feel like…
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Employers searching for top talent are realizing the importance of employee benefits. Most businesses know the importance of health insurance and wellness programs, 401k matches and paid time off. But…
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Employee integrity within the workforce is something desired by all, but sometimes it is inevitably unattainable. As it turns out, one of the most common examples of employee theft happens…
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If you’ve looked into vehicle programs and ways to reimburse employees for mileage, you’ve likely come across the most popular options: company-provided vehicle programs, car allowance programs, mileage reimbursement programs…
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Vehicle programs. Whether you’re in the pizza business, the healthcare space, construction, any of the numerous business services markets or some other industry, chances are you have one. Vehicle programs,…
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There are four well-known options that companies can choose from for their business vehicle program: company-owned vehicles, flat or car allowance, fixed and variable rate and cents-per-mile (CPM) reimbursement. While…
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If you had to make a list of things essential to your business, how long would it be? What would be on it? More likely than not, business travel makes…
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