Employer provided vehicles – 2019 IRS updates

By |2020-04-06T22:40:45+00:00May 22nd, 2019|Categories: Articles, Blog|Tags: , , , , , , |

The IRS recently announced the inflation-adjusted maximum value of an employer-provided vehicle under the vehicle cents-per-mile rule and the fleet-average value rule. Employers can use the rules to value an employee’s personal use of such a vehicle for income and employment tax purposes. The new values reflect vehicle-related amendments in the Tax Cuts and [...]