All helpful.

Thanks guys.

The goal is to have company vehicles but not there yet.

CAR

-----Original Message-----
From: Bill Humphries [mailto:[email protected]]
Sent: Thursday, April 07, 2011 4:33 PM
To: NT System Admin Issues
Subject: Re: ?? on Field service reps / Mileage expense

And on the opposite end, I drive my own car, don't have any policy
regarding expensing miles and claim the mileage deductions on my taxes
every year.   Grrrr.

Bill


Jeff Brown wrote:
> 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] <mailto:[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]
>     <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
>
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