HR Hero says three criteria must be met for mileage reimbursement to qualify as a business expense. First, reimbursement may be paid only for travel directly related to work. Commuting between your home and normal workplace isn't qualified travel. Second, employees must document work-related driv...
HR Hero says three criteria must be met for mileage reimbursement to qualify as a business expense. First, reimbursement may be paid only for travel directly related to work. Commuting between your home and normal workplace isn't qualified travel. Second, employees must document work-related driv...
Daily commutes from home to work don’t qualify as a business trip. Medical expenses, including mileage, can be deductible only if their total exceeds 7.5% of your adjusted gross income. Moving mileage deduction can be claimed only by active duty military members, following The Tax Cuts and ...
As long as your employer accomplishes these feats, the payment you receive will remain tax-free. Yay! That said, if the amount you are reimbursed by your employer exceeds the IRS standard mileage reimbursement rate, then you could be subject to tax for additional income. All things considered...
As your factory warranty comes to a close, you may find yourself wondering whether your car is safe without an extended powertrain plan. It’s smart to consider the following as you think of what a powertrain plan covers on used cars as well as high-mileage vehicles: ...
Customer experience above all: As a brand promise to you, CARCHEX prioritizes our commitment to service with every extended Mercedes protection plan. 30-day money-back guarantee: We back our products and services with a full satisfaction guarantee. You’ll get a full reimbursement if you’re no...
While these are the most basic car insurance policy coverage types, many other options exist. Some of these includegap insurance, rental reimbursement, accident forgiveness, emergency roadside assistance, mechanical breakdown insurance and new car replacement. Some of these coverage types are not availab...
A mileage log is an essential tool for any driver who intends to get a tax deduction or employee reimbursement based on their car usage. Its role is to keep travel records for tax purposes. Mileage logs are mostly used by businesses and self-employed drivers, but you may also need one to...
If you need a rental car while a covered repair is being made, Honda Care provides rental car reimbursement up to $35 a day for up to six days. Similarly, Honda Care includes trip interruption service if your car breaks down 100 miles or more away from home. The plan provides $100 a...
Customer experience above all:As a brand promise to you, CARCHEX prioritizes our commitment to service with every extended Mercedesprotection plan. 30-day money-back guarantee:We back our products and services with a full satisfaction guarantee. You’ll get a full reimbursement if you’re not sa...