Relocation

How do you charge employees for personal use of company vehicle?

How do you charge employees for personal use of company vehicle? To use this method, multiply the annual lease value of the car (via the IRS Annual Lease Value table) by the percentage of personal miles driven. This will give you the Fair Market Value (FMV) of the employee’s personal use of a company-provided vehicle.

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What is the reasonable commuting distance?

What is the reasonable commuting distance? Reasonable Commuting Distance means a distance that is fewer than 50 straight-line miles from the Business Employee’s principal residence. In addition, a distance that does not increase a Business Employee’s commute by more than five straight-line miles shall also be a Reasonable Commuting Distance. How long of a commute

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