Reimbursing Employee Gas Mileage

Gas and Cars
If you use your car to perform your job responsibilities, you can reimburse some of your expenses. But, your employer will not reimburse you if you use your car in driving to and from your work. He may also opt to provide your car allowance. How Much is Employee Reimbursement? Your employee reimbursement can differ, depending on the business sector or your employer. However, for many businesses, employers use IRS’s Standard Mileage Rate or the GSA’s Privately-owned Vehicle Reimbursement Rate. The IRS set the 2018 mileage rate at 54.5 cents per mile. In 2017, the rate was 53.5 cents. But, it was 54 cents and 57.5 cents in 2016 and 2015, respectively. This rate includes the cost of registration, oil, insurance, gas, and maintenance. If you use your car regularly…
Read More

The Future of Gas Mileage

Gas and Cars
Let’s face it—the future is now. With our phones becoming touch screen mini computers, and the Artificial Intelligence revolution just around the corner, there is no doubt that we have entered a booming time for technology. No sector of business is or will be untouched by all of the advances, and that includes the automobile industry. Self-driving cars have been an idea for longer than they have even been worked on (think Sci-fi movies), but now it is becoming inevitable that sometime in the near future they will be a part of our reality. While most people get wrapped up in the futuristic hype of self-driving cars, it is good to look at the real life influences they will have on society and the people owning them. One area that…
Read More