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Business Vehicle Programs: Why is a Car Allowance Taxable?

Runzheimer

In this blog, we will dive into what a car allowance is , what makes a car allowance taxable and discuss a better alternative to an allowance. How to Calculate a Car Allowance for Employees When c alculating a car allowance, or any reimbursement for that matter, it’s helpful to have data.

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What to Know About the Standard Mileage Rate for 2023

Extensis

Quick look: The IRS has again announced new standard mileage rates for business, medical, and charitable trips, as well as active-duty military members’ moves. Here’s what SMBs need to know about the 2023 rates, which have increased since the mid-year rate hike in June 2022. Standard mileage rate for 2023. Medical/Moving.

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How the New Standard Mileage Rate Will Affect SMBs

Extensis

Quick look: Due to rising gas prices and other economic factors, the Internal Revenue Service (IRS) has announced the standard mileage rate for eligible business trips will increase to 62.5 Starting on July 1, the standard mileage rate (which is used to calculate tax deductions for the use of a vehicle) will increase by 4 cents to 62.5

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Employee Expense Reimbursement: Why Make Reimbursements a Priority

Runzheimer

Like employee expense reimbursement. blog, we’re going to outline the reasons you should make employee expense reimbursement a priority. . What is employee expense reimbursement? . Employee expense reimbursement is a company paying their employees for the business use of a personal asset. Tax Waste .

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Two Benefits of Leveraging Automation for HR Leaders

Runzheimer

What is an HRIS system? What exactly is a HRIS system? As defined by The Balance , an HRIS is “a software or online solution for data entry, data tracking, and data information needs of a company’s HR, payroll, management and accounting functions.” But what about the day-to-day activities of the growing mobile workforce?

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How can employers manage or reduce employee stress through benefits?

PlanSource

We’ve all heard about things we can do personally to avoid and treat stress (meditation, exercise, diet changes, mindful living and even apps for our phones), but what else is there? Not to mention, employees save on commuting costs while employers save on payroll taxes. When it comes to expenses, what qualifies ?

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Just 1 Thing for 2021

Payactiv

And what you can do to make a difference. The title is, “If You Launch Just 1 Thing in 2021…” What is that thing? The title is, “If You Launch Just 1 Thing in 2021…” What is that thing? I want you to walk away from this conversation understanding how EWA can help you and how it’s just the start of what Payactiv offers. .