Hybrid reimbursement programs allow drivers to keep their used cars and still get reimbursed tax-free. That is ideal because new cars are expensive...
Tax-free car allowances offer a wide range of benefits that attract sales talent for your company, giving you an edge when hiring.
Fast customer support for drivers is essential to any vehicle program. When complex software and strict deadlines are involved, support is key to...
Driving for work tax-free means keeping IRS-compliant mileage logs. Doing so is time-consuming, though, so you should use a GPS tracking app.
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...
In order to keep your tax-free status as a driver on a FAVR program you need to do certain things, like updating your insurance.
Mobile sales teams and their employers are spending more due to elevated energy prices. Tax-free vehicle reimbursements programs can help.
Cardata has been selected by Coca-Cola Consolidated to provide vehicle reimbursement services to their thousands of drivers.
Cardata uses regional data, based on drivers' zip codes, to reimburse accurately for gas prices. Our FAVR programs are agile and adapt to rising...
Payroll and income tax are both deducted from flat rate car allowances. As much as 30-40% of a car allowance can be lost to taxation.
Fixed and Variable Rate (FAVR) programs are IRS-compliant vehicle plans that allow employers to provide drivers with tax-free, regional...
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.
Cloud software is necessary for administrators and managers of vehicle programs to run their reimbursements and maintain IRS compliance.
Cardata hires Amy Molyneux as Senior Director, Engineering Operations and Product Management. Her expertise will further accelerate our rapid growth.
Vehicle reimbursement programs reduce company tax-burdens, but the IRS needs detailed records. Mileage apps provide that data easily.
Finance and operations leaders often ask us when to pay the IRS standard Cents per Mile rate to their company drivers. We tell them when it is...
Car allowances are inherently wasteful, because they are assessed for both payroll and income tax, and better options exist to reimburse work driving.
The Tax-Free Car Allowance is a reimbursement program for employees who drive their personal vehicle for work. It is easy and tax-efficient!
From a vehicle reimbursement perspective, we examine whether the Ford Mustang Mach-E Premium is a reasonable car to drive for work in 2022.
Outsourcing vehicle programs can save companies money and time. This is valuable to Procurement as in-house programs can be difficult to manage and...
Outsourcing their company vehicle program saves HR professionals time, even on routine tasks like payroll.
If your company uses a flat-rate auto allowance system, this quick guide covers the pros, cons, and alternatives. Better (tax-free) options exist!
Cents per mile (CPM) are suggested rates at which to reimburse your employees for using their personal vehicle for work. The IRS and CRA set them...