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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Interested in re-evaluating your company’s vehicle program? Vehicle reimbursement can be one of the largest expenses for an employer, outweighed only by healthcare and salary costs. However, there are ways to build a vehicle reimbursement program that are beneficial to the employer and the employee. Understanding the Hidden Costs of […]
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