News from cardata consultants A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle.

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Nov 14, 2019, 08:46 ET 5 Reasons Why the "Old School" Car Allowance Doesn't Work Today

Remember the days when you shrugged and accepted that the time and money spent on the vehicle allowance program was just a "cost of doing business?"...


Oct 16, 2019, 08:32 ET A Tale of Two Cities: How a Flat Rate Auto Reimbursement Program Sparked Policy Transformation

For Amanda, it was the best of times – almost. For Richard, it was the worst of times, at least when it came to the vehicle reimbursement program...


Sep 18, 2019, 08:36 ET International Oil Company Achieves Compliance Cuts Costs, and Replaces Flat Car Allowance & Fuel Card with CarData FAVR Program

The long-standing company car allowance plus fuel card vehicle reimbursement policy at a large oil producer and distributor wasn't meeting IRS...


Aug 14, 2019, 08:32 ET Industrial and Environmental Services Company Saves $2 Million+ with CarData FAVR Program

When you are a company with thousands of employees logging over 28,000,000 miles in a CarData FAVR program, it's easy to be transfixed by the...


Jul 17, 2019, 08:35 ET Concrete Product Manufacturer Meets Business and Employee Needs with CarData FAVR Program

Fact is, everyone wins with the right VRP "It got crazy trying to manage the company car program in-house. Between the insurance, maintenance, paying ...


Jun 12, 2019, 08:32 ET Data Capture and ID Solution Provider Saves $382,000 Annually and Reduces Risk with CarData Vehicle Reimbursement Program

Finding new efficiencies is a primary objective behind enterprise mergers or acquisitions. Typically, the synergy impacts products and services. For...


May 15, 2019, 08:33 ET Chemical Industries Solution Provider Saves Over $800,000 in One Year with CarData Vehicle Reimbursement Plan

AMHERST, N.Y., May 15, 2019 Think the IRS mileage rate is fair? Maybe Not. When you compare what an enterprise pays using the IRS "cents-per-mile"...


Mar 14, 2019, 08:36 ET Chemical Company Differentiates Their Business & Rewards Employees with CarData Vehicle Reimbursement Plan

For the sales engineers of a national chemical company, onsite customer visits look different from what you might think of as a traditional sales...


Feb 14, 2019, 08:45 ET 6 Options for Your Company Car Program: CarData Explores The Pros and Cons of Each

Every time the fiscal year or tax year ends, executive attention turns to expenses. Many organizations recognize that their fleet vehicle or company...


Dec 20, 2018, 08:45 ET Significant IRS Standard Rate Changes for 2019 - CarData Reviews Trends

The IRS Standard Mileage Rate and FAVR plan maximum vehicle costs are published annually in IRS Rev Procedure 2010-51 Notice 2018-03. 2019 IRS...


Sep 24, 2018, 08:45 ET How One Business Cut Operational Expenses by 12.5% in "Year One" with CarData VRP

One advantage of a merger or acquisition is the opportunity for a fresh start. So, when a major industrial company was acquired, the time was right...


Sep 06, 2018, 08:45 ET Good Intentions, Unforeseen Consequences: CarData Explains The Hidden Risks and Costs of Fleet Vehicle Programs

CarData Consultants highlights a common scenario which presents a huge risk to in-house fleet management programs: Imagine that you just got a call...


Aug 24, 2018, 08:45 ET Three Keys for a Smooth Transition to a FAVR Vehicle Reimbursement Program from Company Cars

Change isn't easy for some people. In CarData Consultants' experience, when it comes to moving from company cars to a vehicle reimbursement program,...


Jul 27, 2018, 08:45 ET How to Build a Vehicle Reimbursement Plan that is Fair for Everyone

Interested in re-evaluating your company's vehicle program? Vehicle reimbursement can be one of the largest expenses for an employer, outweighed only ...


Apr 30, 2018, 08:30 ET 60% of Collisions Occur on Personal Time - CarData Advocates Vehicle Reimbursement Programs to Mitigate Business Risk

The question is about risk and liability with company provided vehicles. When it is a company car, then the employer is responsible for the vehicle...


Dec 29, 2017, 14:07 ET The CRA Standard Rate Goes Up For 2018 - CarData Reviews Trends Over the Past Decade

At yearend the Canadian Department of Finance announces the coming years Automobile Deduction Limits and Expense Benefit Rates for Business. This is...


Dec 21, 2017, 08:32 ET The IRS Standard Rate Goes Up For 2018-CarData Reviews Trends Over the Past Two Decades

The IRS Standard Mileage Rate and FAVR plan maximum vehicle costs, are published annually in IRS Rev Procedure 2010-51 Notice 2018-03. IRS STANDARD...


Dec 18, 2017, 07:30 ET 3 Simple Steps for Setting Up a Vehicle Reimbursement Program

Vehicle Reimbursement Programs (VRPs) reimburse a company's drivers for the expenses of driving their personal vehicles while on company business....


Dec 01, 2017, 07:40 ET What Rate is the Right Rate For IRS Compliant Vehicle Reimbursement?

The IRS has revenue procedures governing what is to be paid for vehicle reimbursement; the big benefit to IRS compliant vehicle reimbursement is the...


Nov 17, 2017, 07:35 ET When Gas Prices Fluctuate, Businesses Can Easily Save Money by Tracking With Mobile Interactive Route

Fuel prices were over $3 a gallon for almost four years - that was in 2011, 2012, 2013 and for most of 2014. And in some areas, the price was above...


Nov 03, 2017, 08:30 ET CarData Consultants Reviews the 5 Lowest States for Auto Insurance

While insurance rates have been steadily rising across the country, states with lower premiums do still exist. The 10 states that feature the lowest...


Oct 23, 2017, 08:30 ET Top 5 Most Expensive States for Auto Insurance

Premiums are rising and have increased by 3.4%-7.4%. As a vehicle reimbursement solution company, CarData has seen these rates affect their clients...