This may not be very helpful, but as an EMPLOYEE one of my all-time favorite perks was a company vehicle that I was allowed to drive to and from home when working as a consultant. I'll always remember that boss fondly.
On Thu, Apr 7, 2011 at 2:58 PM, Michael B. Smith <[email protected]>wrote: > Consult your accountant or tax advisor. > > > > In the USA, the IRS has fairly strict rules about what counts as business > mileage. Most businesses that I have worked for follow those rules. This > limits both exposure and liability to a company if you follow the same > rules. > > > > In general, I believe a fairly accurate one sentence summary would be to > say that whatever mileage exceeds the round-trip from home to office, driven > for business purposes, would be reimbursable. There are exceptions. > > > > Note that you aren’t required to pay mileage expenses. The IRS allows > people to deduct vehicle expenses (or a portion thereof), or if you > reimburse less than the IRS allotment they can deduct the difference between > what you reimbursed and what the IRS allows. Anything over the IRS allotment > must be treated as income, by both you and the employee. > > > > Regards, > > > > Michael B. Smith > > Consultant and Exchange MVP > > http://TheEssentialExchange.com > > > > *From:* Cesare' A. Ramos [mailto:[email protected]] > *Sent:* Thursday, April 07, 2011 3:16 PM > *To:* NT System Admin Issues > *Subject:* ?? on Field service reps / Mileage expense > > > > Hellos. > > > > Trying to figure some things out and thought I would ask the peanut gallery > for opinions. > > > > We are a service company and have service reps on the field visiting > clients. With the increase of fuel and such, I am considering a formal > policy on either mileage reimbursement or monthly gas allowance. > > > > What are your thoughts? Should or would you set daily minimums (i.e. only > reimburse over 15 miles)? > > > > Just looking for general thoughts. > > > > Thanks. > > > > CAR > > This e-Mail and any files transmitted with it are confidential and intended > solely for the use of the individual or entity to whom they are addressed. > If you have received this e-Mail in error please notify the sender via > returned e-Mail. Please note that any views or opinions presented in this > e-Mail are solely those of the author and do not necessarily represent those > of the company. Although IDF operates anti-virus programs, it does not > accept responsibility for any damage whatsoever that is caused by viruses > being passed. ** Think before you print this message. ** > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > --- > To manage subscriptions click here: > http://lyris.sunbelt-software.com/read/my_forums/ > or send an email to [email protected] > with the body: unsubscribe ntsysadmin > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > --- > To manage subscriptions click here: > http://lyris.sunbelt-software.com/read/my_forums/ > or send an email to [email protected] > with the body: unsubscribe ntsysadmin > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ --- To manage subscriptions click here: http://lyris.sunbelt-software.com/read/my_forums/ or send an email to [email protected] with the body: unsubscribe ntsysadmin
