Every time the fiscal year or tax year ends, executive attention turns to expenses. Many organizations recognize that their fleet vehicle or company car program is one area where there’s opportunity for reducing operational costs or taxes, maybe both. New companies or companies considering adding a vehicle reimbursement program (VRP) […]
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The IRS Standard Mileage Rate and FAVR plan maximum vehicle costs, are published annually in IRS Rev Procedure 2010-51 Notice 2018-03. 2019 IRS STANDARD MILEAGE RATE Effective January 1 2019, the IRS Standard Mileage Rate for 2019 is up 3.5 cents to 58 cents per mile. The standard mileage rate […]
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Companies looking to pivot how they operate often come to us with a set of goals.
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Imagine that you just got a call from one of your best employees. She had this past Saturday marked on the family calendar for two months, to get that to-do list of house projects narrowed down significantly. Everybody was pitching in, so when her teenage son volunteered to drive to […]
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Change isn’t easy for some people. In our experience, when it comes to moving from company cars to a vehicle reimbursement program, 1/3rd of drivers will be pleased, 1/3rd will be neutral and 1/3rd will question the new plan. We also know that the transition goes more smoothly when you […]
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