What is a FAVR Program? A Fixed and Variable Rate (FAVR) Program is an IRS Approved, Non-Taxable Vehicle Reimbursement Program. This program provides drivers with a fair and equitable reimbursement with limited tax liability. First, the company chooses a benchmark … Read More
Top 10 Questions to Evaluate Your Current Vehicle Allowance Program
Has it been a while since you checked the marketplace? Below are ten questions to help evaluate your current vehicle allowance plan. Evaluate Your Current Vehicle Allowance Program with These 10 Questions: Does your current provider understand your business, help you … Read More
Choosing a Fleet Vehicle vs a FAVR Plan
A fleet vehicle has a lot of moving parts and surprises. Most often we connect with companies that have the same common problems: Too many surprises with stored fleet vehicles, transportation, and accidents Driver personal use charge-back makes the company … Read More