Watch for climbing auto insurance rates By Business Observer Staff Dec 8, 2017 It’s not just gas prices that are going up. Car insurance premiums are also on the rise. CarData, a firm that provides companies vehicle reimbursement plans, says premiums have increased nationally as much as 7.4%. The five states […]
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Technology can help track fixed and variable driving costs By Stephen Miller, CEBS Apr 3, 2018 Employers often reimburse workers for using their own vehicles to meet with clients, attend professional events, make deliveries or fulfill other duties. Tracking, processing and reimbursing accurately for these costs is not always easy, though, particularly […]
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The CRA Standard Rate Goes Up For 2018 – CarData Reviews Trends Over the Past Decade At yearend the Department of Finance Announces the coming years Automobile Deduction Limits and Expense Benefit Rates for Business. This is commonly referred to a the CRA Standard Kilometer Rate. CRA STANDARD KILOMETER RATE […]
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The IRS Standard Rate Goes Up For 2018-CarData Reviews Trends Over the Pasts Two Decades The IRS Standard Mileage Rate and FAVR plan maximum vehicle costs, are published annually in IRS Rev Procedure 2010-51 Notice 2018-03. IRS STANDARD MILEAGE RATE Effective January 1, the IRS Standard Mileage Rate for 2018 […]
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Vehicle Reimbursement Programs (VRPs) reimburse a company’s drivers for the expenses of driving their personal vehicles while on company business. The objectives of a VRP are: payments based upon verifiable, audit ready, accurate measures fairness to drivers ensure the company is not overpaying for vehicle related expenses reimburse drivers the […]
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