Not every vehicle program requires mileage logs. For companies with fleets and car allowances, capturing business mileage may seem like busy work. However, mileage logs are more than just the foundation for…
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Driving employees rack up quite a few expenses as they drive. From fuel and maintenance to insurance premiums and depreciation, these all have their costs. When driving employees use their…
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Whether it’s an auto reimbursement or fleet, budgeting for your vehicle program is an important step in preparing for the coming year. But the amount of effort required depends largely…
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“Why is my reimbursement different from my co-worker’s?” We hear that question a lot. An easy answer would be to say that “like snowflakes, no two reimbursements are created exactly…
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Expense management is one of the top line items costing companies and impacting their bottom line. When the cost of one-size-fits-all approaches to expense management stop proving ROI to the…
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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…
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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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Every year, the IRS announces a new mileage rate. That number is generally somewhere between 30 cents and 60 cents. And it has considerable impact on many companies’ vehicle programs….
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