You know that a proper mileage reimbursement program can save your business time, money and boost compliance. Yet, we’ve seen many companies make mistakes with their programs. Here are some of the major mistakes your business should avoid.
Category: MileIQ for Teams
Reimbursements for expenses like mileage can be taxable for employees depending on if your business has an accountable plan. Let’s go over what an accountable plan is and the impact it can have on your business taxes.
You want to build a mileage reimbursement program that saves your company money and time, promotes compliance and will actually be used by employees. Here are some best practices for business mileage reimbursement programs.
Your mileage reimbursement program can go a long way toward saving your business money, time and help keep you in compliance. But, it’s tough to build and maintain a mileage reimbursement program that satisfies both businesses and employees. We’ve put together a free guide offering mileage reimbursement best practices for business.