Loading...
All Posts By

Team Everlance

Customer Stories

Del Papa Distributing x Everlance: How the Distributor Gave Employees a Richer Benefit while Saving Money with FAVR

Switching from car allowances to Fixed & Variable Rate reimbursements with Everlance eliminated tax waste. Learn about their transition process in this article.

Posted on 
Nov 21, 2022
  by
Team Everlance
Read More
arrow
Compliance

4 Steps to Reduce Risk Through Your Vehicle Program

Expose current liabilities and learn how to increase compliance with your reimbursement policies. Regular enforcement is key to risk management.

Posted on 
Oct 10, 2022
  by
Team Everlance
Read More
arrow
Self-Employed Taxes

What is a 1099 form?

Posted on 
Sep 20, 2022
  by
Team Everlance
Read More
arrow
Everlance Business

6 Things to Know if Mileage Reimbursement is a Job Benefit

Posted on 
Sep 16, 2022
  by
Team Everlance
Read More
arrow
Vehicle Programs

Company Cars vs. Car Allowances: What to Consider Before Providing Company Cars

If employees need to drive often to perform their jobs, businesses can either provide their staff with a company vehicle or have employees use their own personal cars for work. While offering company cars may seem like a good investment, there are tax considerations to keep in mind. Learn more about company vehicles here.

Posted on 
Sep 15, 2022
  by
Team Everlance
Read More
arrow
Success Strategies

What is the Gig Economy? Here's How Much You Can Earn as a Gig Worker!

Are you interested in the gig economy? Then, you'll want to check out this post. We cover how much you can make with top gig platforms, like Uber, Lyft, and more.

Posted on 
Aug 31, 2022
  by
Team Everlance
Read More
arrow
Customer Stories

How Three Beverage Distributors Simplified Their Vehicle Programs with Everlance

Posted on 
Aug 26, 2022
  by
Team Everlance
Read More
arrow
Vehicle Programs

How to Simplify Mileage and Expense Tracking, Reporting and Reimbursement for Your Organization

Looking to take control of your mileage reimbursement program? Learn about the modern way to manage mileage.

Posted on 
Aug 22, 2022
  by
Team Everlance
Read More
arrow
Vehicle Programs

How to Save on Employee Mileage Reimbursements | Fixed & Variable Rate (FAVR) Reimbursement Program

If you're looking to save on mileage, then FAVR may be the right employee mileage reimbursement program for you. It's a tax-efficient program that is customized to your mobile workforce. Learn more.

Posted on 
Aug 15, 2022
  by
Team Everlance
Read More
arrow
Customer Stories

Virginia Eagle Distributing x Everlance: How a Beverage Distributor Reduced Risk and Saved Time

A beverage distributor reduces company liability and risk by transitioning sales reps to Everlance’s flexible and easy-to-use mileage reimbursement programs.

Posted on 
Aug 12, 2022
  by
Team Everlance
Read More
arrow
Everlance Business

Small Business Mileage and Expenses: A Complete Guide

Running a small business can be complicated—that's why we created this guide. Learn more about small business mileage and expense tracking and how it can help your business.

Posted on 
Aug 11, 2022
  by
Team Everlance
Read More
arrow
Success Strategies

7 Reasons Why All Gig Workers Need a Mileage Tracking App

If you're a gig worker, not using a mileage tracking app is costing you thousands every year. Not convinced? Here's the reasons why.

Posted on 
Aug 5, 2022
  by
Team Everlance
Read More
arrow
Success Strategies

What is a Mileage Tracking App? [& Why You Need One!]

A mileage tracking app may just be the best shortcut to maximizing your deductions as a self-employed person. Learn more about what mileage tracking apps and how to maximize your tax deductions here.

Posted on 
Aug 3, 2022
  by
Team Everlance
Read More
arrow
Self-Employed Taxes

15 Tax Deductions for Real Estate Agents & Realtors in 2022

Real estate agents can save money on taxes by maximizing their deductions. Learn about the top deductions in this article.

Posted on 
Jul 28, 2022
  by
Team Everlance
Read More
arrow
Self-Employed Taxes

Tax Deductions For Nurses | RN, LPN, NP, MA & more

Taxes can be a pain when you're busy saving lives. Check out this list of tax deductions for nurses and other healthcare professionals and check "saving money on taxes" off your to-do list.

Posted on 
Jul 26, 2022
  by
Team Everlance
Read More
arrow
Self-Employed Taxes

Top Deductions for Shipt Shoppers

As a Shopper, it's important to maximize your tax deductions to save money at tax time. Read on for the top deductions for Shipt Shoppers.

Posted on 
Jul 26, 2022
  by
Team Everlance
Read More
arrow
Vehicle Programs

Should You Dispose of Your Fleet? Why Companies are Saying "No More" to Rising Costs

Company car costs are getting more challenging to manage. That's why some companies are disposing of their fleets. We cover how to decide if you should dispose of your company's fleet.

Posted on 
Jul 25, 2022
  by
Team Everlance
Read More
arrow
Vehicle Programs

Why a Flexible Vehicle Program Can Help Your Company Adapt to a Changing Industry

A great vehicle program matters more than you think. Here’s how you can use a flexible vehicle program to navigate labor shortages and rising gas prices.

Posted on 
Jul 22, 2022
  by
Team Everlance
Read More
arrow
Self-Employed Taxes

The Best Tax Deductions for Small Business Owners

Small business taxes don’t have to be complicated. Learn the best tax deductions to save more with this guide to tax write-offs for small business owners.

Posted on 
Jul 20, 2022
  by
Team Everlance
Read More
arrow
Vehicle Programs

The True Cost Difference: Vehicle Stipend vs. Mileage Reimbursement

From employee benefits and vehicle needs to compliance and tax implications, there's more than one factor that could make a program the more cost-effective and efficient choice for your company.

Posted on 
Jul 15, 2022
  by
Team Everlance
Read More
arrow
Self-Employed Taxes

The Ultimate List of Self-Employed Tax Deductions

Posted on 
Jul 14, 2022
  by
Team Everlance
Read More
arrow
Self-Employed Taxes

The Best Guide to Understanding and Paying Quarterly Taxes (Updated for 2022)

Learn who must pay quarterly taxes, how to calculate estimated tax payments, and how to stay on track for your next quarterly tax payment.

Posted on 
Jul 8, 2022
  by
Team Everlance
Read More
arrow
Success Strategies

34 Easy Side Hustles to Make Extra Money

Posted on 
Jul 5, 2022
  by
Team Everlance
Read More
arrow
Everlance Business

Everlance vs. Competitors: 6 Key Facts You Need to Know When Comparing Vehicle Program Providers [+Infographic!]

Is your vehicle program provider worth the cost? Get the facts you need to compare providers when it comes to program options, pricing and more.

Posted on 
Jun 22, 2022
  by
Team Everlance
Read More
arrow
Everlance Business

Vehicle Programs among Beverage Distributors: 6 Stats You Need to Know [+Infographic!] | Everlance

Posted on 
Jun 17, 2022
  by
Team Everlance
Read More
arrow
Everlance Business

Company Mileage Reimbursement Rules: How to Reimburse Your Employees for Mileage

If you have employees that drive for work, it’s important to understand mileage reimbursement rules that apply to your company. In this article, learn what’s required, how to calculate mileage reimbursements, and everything you need to know about mileage rules.

Posted on 
Jun 13, 2022
  by
Team Everlance
Read More
arrow
Compliance

IRS Releases Standard Mileage Rates for 2022

The IRS announced changes to the 2022 standard mileage rates, which will increase to 62.5 cents per mile for business purposes in 2022 after July 1.

Posted on 
Jun 13, 2022
  by
Team Everlance
Read More
arrow
Compliance

Ultimate Guide to Self-Employed Taxes | Saving, Filing, Deductions and Paying Estimated Taxes

As a self-employed individual, you are responsible for paying taxes on your income. Unlike employees, taxes aren’t automatically taken out of your payments. Instead, you are responsible for setting aside money for your taxes and then paying the IRS.

Posted on 
May 20, 2022
  by
Team Everlance
Read More
arrow
Customer Stories

Everyday Everlancers: Hear how Courtney saves time and money on taxes with Everlance and Wag!

Posted on 
May 17, 2022
  by
Team Everlance
Read More
arrow
Success Strategies

What is a Side Hustle? [+ How to Start One in 4 Easy Steps!]

Curious about side hustles? If you want to make extra money on the side, here’s what a side hustle means and how to start a side hustle of your own!

Posted on 
May 11, 2022
  by
Team Everlance
Read More
arrow
Library

How Does Everlance Work? An In-Depth Guide for Freelancers, Gig Workers & Anyone Who Drives for Work

Posted on 
May 5, 2022
  by
Team Everlance
Read More
arrow
Success Strategies

8 Life-Changing Productivity Hacks for Freelancers in 2022

Posted on 
May 3, 2022
  by
Team Everlance
Read More
arrow
Success Strategies

How to File Wag! Taxes | A Complete Guide to 1099 Taxes for Beginners

Posted on 
Apr 29, 2022
  by
Team Everlance
Read More
arrow
Everlance Business

Beer Business Finance Webinar: Everything to Know about Mileage Reimbursement Programs

Posted on 
Apr 25, 2022
  by
Team Everlance
Read More
arrow
Success Strategies

The Best Tax Deductions for Wag! Pet Caregivers

Wag Caregivers can write off business related expenses

Posted on 
Apr 22, 2022
  by
Team Everlance
Read More
arrow
Customer Stories

Street Delivery x Everlance: How One Company Improved Mileage Tracking Accuracy and Accountability with Everlance

StreetDelivery needed an accurate mileage tracking system that would save time, ensure accountability and be user-friendly. Here’s how Everlance met their needs.

Posted on 
Apr 21, 2022
  by
Team Everlance
Read More
arrow
Customer Stories

PhysioTech x Everlance: How A Medical Equipment Provider Saved Time and Simplified Their Reimbursement Process

Learn how PhysioTech streamlined their mileage and expenses reimbursement processes to save time and increase accountability using Everlance Business.

Posted on 
Apr 15, 2022
  by
Team Everlance
Read More
arrow
Everlance Business

5 Benefits of Expense Management Software [and 3 Must-Have Features!]

For a smooth expense management process, you need reliable software. Here’s an overview of the benefits of expense reporting software and why it’s essential.

Posted on 
Apr 14, 2022
  by
Team Everlance
Read More
arrow
Self-Employed Taxes

9 Best Tax Deductions for Doordash Drivers in 2022

As a Dasher, it's important to maximize your tax deductions to keep more money in your pocket at tax time. Read on for the top tax deductions for Dashers in this guide.

Posted on 
Mar 15, 2022
  by
Team Everlance
Read More
arrow
Success Strategies

How to Save Money on Gas | 19 Ways to Cut Down on Fuel Costs

With rising prices of fuel, how can you save money at the pump? These 19 tips will help you save money on gas, no matter how much you’re driving.

Posted on 
Mar 15, 2022
  by
Team Everlance
Read More
arrow
Customer Stories

Mainland Construction Saves Time with a Digital Mileage Solution

Before Everlance, the building materials supplier used a paper-based mileage tracking and reporting system, placing a heavy administrative burden on the team. Now they have all the info they need at their fingertips.

Posted on 
Feb 10, 2022
  by
Team Everlance
Read More
arrow
Customer Stories

Wil Fischer x Everlance: How a Beverage Distributor Attracted More Employees with a User-Friendly Mileage Platform

Struggling to keep employees happy while cutting costs with your vehicle program? Read how Wil Fischer saved time and scaled teams affordably with Everlance.

Posted on 
Feb 7, 2022
  by
Team Everlance
Read More
arrow
Everlance Business

5 Things Companies Need to Know about Commuting Mileage

We know that managing company mileage is a hassle. So, that’s why we created this guide, so you can get your commute disallowance policy right.

Posted on 
Feb 2, 2022
  by
Team Everlance
Read More
arrow
Compliance

How to Complete Your Schedule C Tax Form for 2021

Not sure if you need to fill a Schedule C Form out for 2021? Keep reading for general guidelines that will help you decide if you need to fill one out and, if so, how to complete it.

Posted on 
Nov 17, 2021
  by
Team Everlance
Read More
arrow
Vehicle Programs

What Does the Increasing Prevalence of Electric Vehicles Mean for Mileage Reimbursement?

We look at current adoption and policy trends for electric vehicles to understand their impact, depending on your vehicle program. Then, we review the costs to purchase, own and operate an electric vehicle (EV) today, and consider how much employees driving a personal electric car for work should be reimbursed to ensure they're fairly paid.

Posted on 
Nov 16, 2021
  by
Team Everlance
Read More
arrow
Customer Stories

Versiti Switched to a Customer-First Reimbursement Program Provider and Increased Efficiency

Before Everlance, the healthcare organization was frustrated by poor customer service and a heavy administrative burden. Now the team can focus their time on life-saving work, not tracking and managing mileage.

Posted on 
Oct 18, 2021
  by
Team Everlance
Read More
arrow
Compliance

Are You Self-Employed (Independent Contractor) or an Employee?

It's important to understand if you're self-employed or an employee. But it can be confusing to understand what to classify yourself as. We answer this question in straightforward language.

Posted on 
Sep 24, 2021
  by
Team Everlance
Read More
arrow
Compliance

1099 For Gig Delivery Drivers

As an independent contractor, you may receive a 1099-K, 1099-NEC, and/or 1099-MISC form. Whether you drive for Instacart, Doordash, Postmates, Shipt or another delivery driver service, this post is for you.

Posted on 
Sep 13, 2021
  by
Team Everlance
Read More
arrow
Compliance

Uber 1099 Form | Taxes For Uber Drivers (1099-K & 1099-MISC)

If you're an Uber driver, then Uber will send you a 1099 form to use for your tax filing. As an independent contractor, you could receive a 1099-K, 1099-NEC, and/or 1099-MISC form.

Posted on 
Sep 13, 2021
  by
Team Everlance
Read More
arrow
Library

Free Mileage Log Template for Excel

Are you looking for a straightforward, IRS compliant Excel mileage log template? Our free downloadable Excel mileage log will help you track your mileage manually and contains all the information you’ll need to meet IRS standards.

Posted on 
Sep 13, 2021
  by
Team Everlance
Read More
arrow
Compliance

Lyft 1099 | Filing Lyft Taxes (1099-MISC & 1099-K)

If you are a Lyft driver, then you are considered self-employed and need to file taxes accordingly. Learn more about 1099 forms and filing Lyft taxes.

Posted on 
Sep 13, 2021
  by
Team Everlance
Read More
arrow
Success Strategies

The Best Times to DoorDash in 2021 (with tips from Reddit)

If you are looking for the best times to DoorDash in your area, then this guide is for you. We cover how to find the best time to Dash on weekdays, weekends, throughout the day, and more.

Posted on 
Aug 16, 2021
  by
Team Everlance
Read More
arrow
Success Strategies

5 Steps to Get an Employee Reimbursement Program Back on Track

We provide a step-by-step guide to enhancing your employee reimbursement program. Plus, we address how you can avoid common (and costly!) mistakes many companies make on reimbursements.

Posted on 
Aug 4, 2021
  by
Team Everlance
Read More
arrow
Everlance Business

The Product Story Behind Everlance Business

Everlance’s vision is to empower mobile workers wherever their work takes them. Learn about the product story behind scaling this vision for business.

Posted on 
Jul 26, 2021
  by
Team Everlance
Read More
arrow
Compliance

The Easy Guide to Uber Driver Taxes (Updated for 2021)

This guide is for Uber drivers—learn about the tax forms you need, how to maximize your tax write-offs, and more. Our goal is to make your tax prep easy and straightforward.

Posted on 
Jul 23, 2021
  by
Team Everlance
Read More
arrow
Compliance

The Best Guide to Lyft Driver Taxes (Updated for 2021)

This guide is for Lyft drivers—learn about the tax forms you need, how to maximize your tax write-offs, and more. Our goal is to make your tax prep easy and straightforward.

Posted on 
Jul 23, 2021
  by
Team Everlance
Read More
arrow
Compliance

The Best Guide to DoorDash Driver Taxes (Updated for 2021)

This guide is for Doordash drivers—learn about the tax forms you need, how to maximize your tax write-offs, and more. Our goal is to make your tax prep easy and straightforward.

Posted on 
Jul 23, 2021
  by
Team Everlance
Read More
arrow
Everlance Business

5 Costly Employee Reimbursement Mistakes to Fix Today

We address 5 common employee reimbursement mistakes we see companies making to fix today—and best practices for avoiding them.

Posted on 
Jul 12, 2021
  by
Team Everlance
Read More
arrow
Customer Stories

Catholic Charities West Michigan Takes Control of their Mileage with Everlance

Catholic Charities West Michigan uses Everlance to run their mileage system. With Everlance’s accurate and intuitive technology, the team can focus on serving their community, not their mileage logs.

Posted on 
Jun 28, 2021
  by
Team Everlance
Read More
arrow
Library

How to Do an Expense Report (Plus, Pro Tips for 2021)

Learn how to do an expense report. We cover everything you need to create an excellent expense report that will impress your boss.

Posted on 
Jun 28, 2021
  by
Team Everlance
Read More
arrow
Everlance News

Everlance Joins the National Beverage Wholesalers Association to Support Distributors and Build Relationships

We’ve partnered with beverage distributors like Hoffman Beverage, Virginia Eagle Distributing, Craig Stein Beverage, Wil Fischer Companies, and College City Beverage to help save these organizations time and money on vehicle reimbursement programs. Getting more involved in this community and investing in this vital industry was a logical next step.

Posted on 
Jun 23, 2021
  by
Team Everlance
Read More
arrow
Success Strategies

Top Dasher Requirements—Everything You Need to Know About DoorDash’s Reward Program

If you are looking to join the Top Dasher club, this guide is for you. We cover the top Dasher requirements, how to re-qualify, if it is worth it, and more.

Posted on 
Jun 15, 2021
  by
Team Everlance
Read More
arrow
Library

What is an Expense Report? (With Downloadable Template for 2021)

Expense reports track and organize work expenses. These reports help employees get reimbursed for business expenses that they paid for with their own money. Get the facts and a free template in this guide.

Posted on 
Jun 9, 2021
  by
Team Everlance
Read More
arrow
Everlance News

Introducing Everlance Business

Everlance Business is mileage reimbursement for the 21st century. Whether you need a FAVR or CPM program, we've got you covered. We’re excited to combine our #1 mileage & expense tracking app with a powerful admin dashboard to help organizations manage their mileage & expenses. 

Posted on 
Jun 7, 2021
  by
Team Everlance
Read More
arrow
Customer Stories

Hoffman Beverage x Everlance: How a Beverage Distributor Saved Time and Money through an Enhanced Mileage Reimbursement Process

Want a mileage program that saves your company time and money? Read how Hoffman Beverage enhanced their mileage reimbursement process with Everlance Business.

Posted on 
Jun 3, 2021
  by
Team Everlance
Read More
arrow
Success Strategies

The Best Tips for Amazon Flex & Amazon FBA Delivery Drivers (updated for 2021)

With Amazon Flex and Amazon FBA (Fulfillment by Amazon) increasing in popularity, it's time to level-up your strategy. We have the best tips to help you earn more fast.

Posted on 
May 25, 2021
  by
Team Everlance
Read More
arrow
Vehicle Programs

8 Top Criteria For Evaluating Vehicle Reimbursement Program Providers

There's a heightened emphasis on compliance regulations, costs to businesses are rising, and businesses are looking for creative ways to increase employee happiness. Your vehicle reimbursement program is an easy place to make a difference. Read the guide to evaluate if your current program provider is meeting your needs.

Posted on 
May 25, 2021
  by
Team Everlance
Read More
arrow
Success Strategies

UberEats Pro Tips to Make More Money Fast

Ready to make more money doing UberEats in 2021? You just need these pro tips. Discover the tips that the pros use and start making more money today.

Posted on 
May 18, 2021
  by
Team Everlance
Read More
arrow
Library

CivicX Quiz: How Much Do You Really Know about the Honda CivicX?

Ready to test your Honda CivicX knowledge? Take the quiz to see if you really know your car facts. Plus, some throwbacks to its launch.

Posted on 
May 14, 2021
  by
Team Everlance
Read More
arrow
Success Strategies

The Absolute Best DoorDash Tips from Reddit (from the experts)

Are you ready to level-up your DoorDash strategy? Here are the best tips from pro Dashers on Reddit.

Posted on 
May 14, 2021
  by
Team Everlance
Read More
arrow
Compliance

What's a tax deduction? What's a tax write-off?

Did you know that a tax deduction and a tax write-off are actually the same thing? It's true. Learn more about how to maximize your deductions in this Gig Guide.

Posted on 
Apr 28, 2021
  by
Team Everlance
Read More
arrow
Compliance

How To Setup an IRS Payment Plan For Your Taxes

Overwhelmed by how much you owe on taxes? You can set up a payment plan. Learn more in this guide.

Posted on 
Apr 23, 2021
  by
Team Everlance
Read More
arrow
Library

The Ultimate Guide to Fuel-Efficient Cars | 5 Things You Need to Know

Are you looking to learn more about fuel-efficient cars? Here is the ultimate guide to fuel-efficient cars, from how they benefit the environment to how to decide if you should get one.

Posted on 
Apr 22, 2021
  by
Team Everlance
Read More
arrow
Vehicle Programs

The Ultimate Guide to Vehicle Programs

If you're reading this guide, your employees probably drive as part of their jobs—whether that’s meeting with clients, visiting job sites, making deliveries, or performing other duties. But how should your business pay for it?

Posted on 
Apr 13, 2021
  by
Team Everlance
Read More
arrow
Compliance

Deducting Health Expenses: Self-Employed

If you’re self-employed, there are an overwhelming number of options to saving on medical expenses and Health insurance. Generally, there are three options to deducting health expenses and it is important to understand the differences between each.

Posted on 
Apr 9, 2021
  by
Team Everlance
Read More
arrow
Vehicle Programs

Understanding Mileage Reimbursement Rules under California’s Prop 22 Measure for Independent Contractors

Everlance has received a number of inquiries from our California users about Prop 22 and the $0.30/mile reimbursement calculation. That’s why we asked the team at Block Advisors to help shed some light on this issue.

Posted on 
Mar 19, 2021
  by
Team Everlance
Read More
arrow
Compliance

IRS Announces E-File Open Day for Tax Season 2021!

The IRS has announced the E-File Open Day for Tax Season 2021. Starting on this date, the IRS will start accepting and processing tax returns. Get the details about the Open Day and more in this article.

Posted on 
Feb 9, 2021
  by
Team Everlance
Read More
arrow
Compliance

Using Motor Vehicle Record Reports (MVR) to Keep Your Company Safe

If your employees are required to drive on the job, you want to be assured that they won't be breaking traffic laws or getting into accidents. Learn more about how you can ensure that your employee is a safe driver.

Posted on 
Jul 30, 2020
  by
Team Everlance
Read More
arrow
Compliance

Work From Home Reimbursements For Employees

Employees from all different fields have begun working in their homes. This is a new experience for many. That's why we created this guide for employees to learn more about how they can get reimbursed from work, while they work from home.

Posted on 
Jul 23, 2020
  by
Team Everlance
Read More
arrow
Compliance

Walk Through: Filing Taxes as an Independent Contractor

Filing taxes as an independent contractor can be confusing—that's why we created this guide to filing taxes as an independent contractor. Learn more all the information you need to get your taxes done right.

Posted on 
Jun 17, 2020
  by
Team Everlance
Read More
arrow
Library

Using a Paper or Excel Mileage Log vs a Mileage App in 2020 | Sheets Mileage Template

For decades, independent contractors who drove for work had no method of tracking their mileage besides keeping a pen-and-paper mileage logbook. But now there is a better way—using a mileage tracker app that does the work for you. Learn more about why you need a mileage tracking app in this article.

Posted on 
May 1, 2020
  by
Team Everlance
Read More
arrow
Library

Stimulus Checks: Tracking Payments & Questions Answered

In April 2020, the federal government started the process of depositing stimulus payments into eligible individuals' bank accounts that have direct deposit setup. Learn more about these stimulus payments and get your questions answered here.

Posted on 
Apr 16, 2020
  by
Team Everlance
Read More
arrow

Paycheck Protection Program (PPP) for Independent Contractors

Starting April 10 2020, independent contractors and self-employed individuals can apply for the Paycheck Protection Program (PPP), part of the government’s Covid-19 stimulus. Learn more about this program and whether you qualify here.

Posted on 
Apr 10, 2020
  by
Team Everlance
Read More
arrow

Covid-19 Financial Resources for Independent Contractors

At any time, being an independent contractor can be complicated—add a pandemic and things can get even more overwhelming. That's why we've pulled together resources for independent contractors to consider during the COVID-19 pandemic.

Posted on 
Apr 5, 2020
  by
Team Everlance
Read More
arrow

CARE ACT: Coronavirus Aid, Relief, and Economic Security (CARES) for SMB

In response to the COVID-19 pandemic, you may have seen that the recent Coronavirus Aid, Relief, and Economic Security (CARES) Act will allocate $350 billion to help small businesses keep workers employed. The key small business policy initiative here is the “Paycheck Protection Program” (PPP) which will be fully backed by federally guaranteed loans. Learn more here.

Posted on 
Apr 2, 2020
  by
Team Everlance
Read More
arrow
Library

Covid-19: How tax deadlines are changing. Plus, paid sick leave for self-employed.

A bit of good news amidst the Covid-19 outbreak. Due to the outbreak, the IRS has extended the federal tax filing and payment deadline. Learn more about the extension in this article.

Posted on 
Mar 25, 2020
  by
Team Everlance
Read More
arrow
Library

Car Maintenance Schedule

Most of us aren’t auto experts, and that’s okay. As long as you keep track of your mileage and stay up to date on a regular car maintenance schedule, you’ll know what to ask of your mechanic and can avoid many of the problems that arise from vehicle neglect. It also helps to keep a car maintenance log and adhere to the following servicing schedule.

Posted on 
Mar 17, 2020
  by
Team Everlance
Read More
arrow
Vehicle Programs

Allowance vs Cent Per Mile Reimbursement: Which is Better for Employees?

If your job requires you to drive your personal vehicle for work, your employer likely offers an incentive in return for the wear and tear you're putting on your car. Most companies often provide this incentive in the form of a cent per mile reimbursement plan or a flat-rate car allowance. Learn more about which one is better for employees here.

Posted on 
Feb 4, 2020
  by
Team Everlance
Read More
arrow
Library

Company Vehicle Programs | IRS Publication 463

IRS Publication 463 sets the rules for companies to help them determine what business expenses are tax-deductible. This helps the self-employed understand what can and cannot be deducted on their taxes. Get the details on IRS Publication 463 here.

Posted on 
Jan 24, 2020
  by
Team Everlance
Read More
arrow
Library

2020 CRA Mileage Rate|Canadian Automobile Allowance Rate

The Canada Revenue Agency (CRA), which is the Canadian equivalent to the IRS, recently announced its 2020 income tax deduction limits and expense benefit rates that will apply when using an automobile for business purposes. Referred to as the Automobile Allowance Rate, this rate is not a fixed value, and just as the U.S. Standard Mileage Rate, it can change slightly year over year.

Posted on 
Jan 17, 2020
  by
Team Everlance
Read More
arrow
Library

How to Become Licensed, Bonded & Insured

If you’ve just started working in a new line of work, you may be overwhelmed by all the jargon involved. Employers may want to know if you are bonded and insured, licensed and insured, licensed and bonded, or maybe even all three, but what do all these terms mean, exactly?

Posted on 
Oct 22, 2019
  by
Team Everlance
Read More
arrow
Library

Temporary Employee Rules – What You Need to Know Before Hiring Temporary Employees

Does your company need someone with a specific skill set to take on a short-term project? Do you have an employee who is taking a brief leave from their job? Are you hesitant to hire new employees for permanent positions? Learn more about hiring temporary employees.

Posted on 
Oct 18, 2019
  by
Team Everlance
Read More
arrow
Compliance

Difference Between Employee & Independent Contractor

Being an independent contractor comes with more tax responsibilities than if you were an employee. But the good news is that you can also take advantage of more tax breaks and deductions. Let’s go over the differences between being an employee and independent contractor.

Posted on 
Oct 8, 2019
  by
Team Everlance
Read More
arrow
Compliance

How HR Executive, Payroll Managers & Business Owners Can Implement a Mileage Reimbursement Program For Employees

Business owners, HR executives, and payroll managers have several factors to take into account when deciding on an employee mileage reimbursement policy. Let’s review the considerations and best practices below when it comes to employee mileage reimbursements.

Posted on 
Aug 20, 2019
  by
Team Everlance
Read More
arrow
Compliance

Odometer Fraud | Signs of Car Odometer Rollback Fraud

Tampering with a car odometer means much more than a discrepancy between actual mileage and the number that’s shown on the odometer. In the United States, changing or altering an odometer reading is a federal offense, and it’s one that costs consumers over $1 billion annually. Learn more about the signs of odometer fraud here.

Posted on 
Jul 25, 2019
  by
Team Everlance
Read More
arrow
Library

States With Highest, Lowest & No Income Taxes

Are you curious about the states with the highest and lowest income tax? Well, we've got the facts on these states. Except for specific individuals who are exempt, the majority of us have to pay federal income taxes. What we pay is based on our yearly income, which determines the tax bracket we fall under. In addition, you may also have to pay state income taxes. The amount you pay in state income tax is dependent on where you live, with state tax rates ranging from zero to 13.3 percent.

Posted on 
Jul 1, 2019
  by
Team Everlance
Read More
arrow

Home Healthcare Mileage Reimbursement | Home Care Company Mileage Tracking

Doctors making house calls may be a thing of the past, but providing healthcare services outside of medical offices and hospitals have grown exponentially over the past few decades. As a result, home healthcare has become an essential business, offering valuable outpatient services to the elderly and as a viable treatment for many other health conditions. Learn more about home health mileage tracking here.

Posted on 
May 30, 2019
  by
Team Everlance
Read More
arrow
Library

IRS Commuting Rule: Commuting Mileage & Deduction Rule

The IRS has some strict rules on driving for work. Whether your commuting miles can be written off on your taxes is dependent on many factors and specific instances of your work-related trips. Get the facts in this rule here.

Posted on 
May 17, 2019
  by
Team Everlance
Read More
arrow

Car Depreciation | Calculate New Vehicle Depreciation

If you’re in the market for a car, consider the sticker price before making your final decision. Car depreciation, or the loss of value on your vehicle over time, will affect the overall financial impact of your buying decision. Learn more about car depreciation here.

Posted on 
Apr 15, 2019
  by
Team Everlance
Read More
arrow

Tax Write Off Car – What Can You Deduct?

Operating your vehicle is a considerable expense when you take into account your car payments, insurance, gas, maintenance and more. It can certainly make a significant dent in your monthly budget. The good news is that if you’re self-employed, you may be able to write off some of these expenses if you use your car for business purposes too.

Posted on 
Apr 8, 2019
  by
Team Everlance
Read More
arrow