Auto Reimbursements

If your organization’s approach to auto reimbursements for business driving is the “one size fits all” approach, you may be over-reimbursing some drivers and under-reimbursing others. By utilizing an IRS-approved auto reimbursement program from Runzheimer International, you can:

• Eliminate tax waste for employees and your company
• Provide fair and accurate reimbursements
• Avoid idle vehicle costs
• Minimize liability and risk exposure

Tax regulations require companies to pay FICA taxes when providing employees flat allowances for business use of their personal vehicles.   Employees are then subject to federal, FICA, state and local tax withholding.   This unfortunately results in substantial “tax waste” for employers and employees alike.

However, with a simple change to Runzheimer International's nontaxable vehicle reimbursement program, you can realize dramatic savings that can positively impact your company and its employees. Shed your “one size fits all” allowances for an IRS-approved auto reimbursement solution that better suits you.