Vehicle reimbursement, travel and fleet expenses are often the second largest expense. To manage this, many companies seek an accurate, reliable, and comprehensive plan that identifies the detailed costs specific to each driver for employee-owned vehicles. In this guide, we … Read More
IRS Mileage Rate: Announcing the 2017 Mileage Rate
The Internal Revenue Service has announced a new IRS mileage rate for 2017 for use in calculating reimbursements or deductions for tax purposes: Business use: 53.5 cents a mile, down from 54 cents a mile in 2016 Medical use: 17 … 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
FAVR Mileage Reimbursement Program Message from the President
At ARC, we have based the entire development of the mileage reimbursement program on a best user experience. Over the years I have moved thousands of drivers to a FAVR mileage reimbursement plan, and in those years I always found … Read More