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An IRS non-taxable FAVR Plan accounts for the fixed costs, such as depreciation and zip code sensitive insurance data, and the per mile (variable) costs, such as fuel, maintenance, and tires. This enables you to reimburse employees for the actual costs of owning, maintaining, and driving a vehicle for business use.
AutoReimbursement.com has the experience and resources to tailor a FAVR program to your company's budget goals. Nearly any industry can implement a FAVR Plan with our extensive vehicle data benchmarks.