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Using a Vehicle Allowance Program? It Might Seem Easy, But It’s Costing You Money

Let’s say you were in an enterprise that offers a vehicle allowance program, often called “flat rate.” There’s a reasonable chance that someday you’ll pass an office and hear one of your best sales reps remark to a coworker that paying out of pocket for gas and maintenance on her […]

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Do Yourself a FAVR – Get Out of the “Car Business” in 2020

Is 2020 the year you get out of the “car business?” Wouldn’t you rather focus attention on operations that foster business success, as opposed to dedicating resources and cash to a company car program that creates administrative headaches, risk and tax obligations? Make the switch to a vehicle reimbursement plan […]

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The CRA Standard Rate Goes Up For 2020 – CarData Reviews Trends Over the Past Decade Plus

The CRA Standard Rate Goes Up For 2020 – CarData Reviews Trends Over the Past Decade Plus   The CRA Standard Rate Goes Up For 2020 – CarData Reviews Trends Over the Past Decade At yearend the Department of Finance Announces the coming years Automobile Deduction Limits and Expense Benefit […]

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As We Enter a New Decade in 2020 IRS Standard Mileage Rate Drops Half a Cent

The IRS Standard Mileage Rate and FAVR plan maximum vehicle costs, are published annually in IRS Rev Procedure 2010-51  Notice 2020-2. 2020 IRS STANDARD MILEAGE RATE Effective January 1 2020, the IRS Standard Mileage Rate for 2020 is down .50 cents to 57.50 cents per mile.  The standard mileage rate for business is based […]

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Strap a Smart Fitness Device onto Your Vehicle Reimbursement Program: Mi-Route

About 14 million Fitbits were sold worldwide in 2018.* This handy tool automatically collects data that can help inspire a healthier lifestyle, from resting heart rate down to sleep patterns. It also shows how comfortable people have become with round-the-clock tracking and leveraging data to reach personal goals.  You’re probably […]

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Recent Posts

  • Mi-Route, Your Way
  • A Q&A That Gets the VRP Discussion Rolling
  • The CRA Standard Rate Remains the Same for 2021
  • IRS Announces Drop in Standard Mileage Rate by 1.50 Cents in 2021
  • Making Life Easier for Customers – It’s All in a Day’s Work for CarData CSA Anna Dedominicis
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