If your business has employees who use personal vehicles for work reasons, you may consider a car allowance policy. Let’s go over what this means and how you can decide if it’s the right move for your organization.If your business has employees who use personal vehicles for work reasons, you may consider a car allowance policy. Let’s go over what this means and how you can decide if it’s the right move for your organization. Read More

mileiq, mileage reimbursement, car allowances

If you use your personal car for your own business, you can take a mileage deduction to save on your taxes. But what if you drive your own car for your W2 job? Your employer can reimburse you and that often comes through a car allowance or a mileage reimbursement.

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