Webinar: Thursday, July 31st, 2 PM Central. Register here.
Many companies utilize employee-provided vehicles to some degree or another in order to meet their needs for the transport of people, goods, or services. Employees who operate their vehicles for business use are compensated under either taxable or non-taxable reimbursement plans, but employers and employees often overlook differences in tax consequences between the two types of reimbursement methods.
Well-run organizations integrate both employer-provided and employee-provided vehicles into their fleet program as part of their vehicle allocation methodology (VAM). The fleet manager (or other designee) should have authority over both programs in order to properly control costs and to successfully provide fair, safe, and equitable transportation for all employees.
• Differences between taxable and non-taxable reimbursement plans
• Fairness of using the IRS Standard Per-Mile Rate
• Key elements of an IRS Accountable Plan, including the FAVR (fixed and variable rate) template
• Benefits of a centralized fleet program
• Risk management considerations
About the Speaker
Janis Christensen, CAFM is a Senior Manager and Director of Corporate Fleet Management Consulting Services with Mercury Associates, Inc. She has more than 30 combined years of fleet management experience, first, as a fleet manager in the private sector, and second, providing consulting services to a wide array of private and public fleets, fleet service providers, automotive trade associations, and automotive publication companies.
Ms. Christensen has conducted presentations and workshops for thousands of industry professionals for a variety of prominent industry and professional associations and has authored articles in the areas of policies and procedures, fleet department audits, preparing executive reports and case studies, personal use, electronic titles, reducing acquisition costs, vehicle replacement strategies, alternative fuels, and negligent entrustment. She has written several published policies and procedures manuals. She is a past vice president of the NAFA Fleet Management Association and is a recipient of the Association’s Distinguished Service Award for leadership, innovation, education, and advocacy of professional fleet management. Connect with Janis Christensen at LinkedIn on Twitter @JanisDC or through www.mercury-assoc.com.
Join AFLA on Thursday, July 31st at 2pm Central for this great webinar. Register today!