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Cardata Blog for Mileage Reimbursement
Industry News

IRS Cents per Mile rate to be 62.5¢ July 1st

For the first time in over a decade, the IRS has announced a new optional standard mileage rate of 62.5¢ for the rest of 2022 to reflect the rising...

Vehicle Reimbursement Programs

How Cardata reimburses for fuel expenses using data

Cardata uses regional data, based on drivers' zip codes, to reimburse accurately for gas prices. Our FAVR programs are agile and adapt to rising...

Vehicle Reimbursement Programs

What is a program standard vehicle?

A program standard vehicle is a car on which vehicle reimbursement programs are based. According to the IRS, they can cost up to $56,100.

Industry News

CRA sets new per kilometre rate for 2022

For Canadian employers, the new year brings a new per kilometre reimbursement rate. In 2022, the new Canada Revenue Agency rate is set at ¢61.

Why CFOs are choosing FAVR in 2022

Outsourced FAVR plans save companies money by finding efficiencies in vehicle programs. This is more urgent in 2022 than ever before.

Industry News

The IRS standard mileage rate for 2022

The IRS has today announced an increase in the standard mileage rate for 2022. It has increased from ¢56 to ¢58.5.

Vehicle Reimbursement Programs

What businesses need to know about US car insurance

As a business owner in the US you need to know about car insurance. Employees who drive need to have proper coverage so your business is not at risk.

Vehicle Reimbursement Programs

A Q&A That Gets the VRP Discussion Rolling

A set of frequently asked questions to get the conversation started. Cardata can explain how to better manage vehicle reimbursement expenses.

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