Browse Category: Everlance for Teams

Company Cars

Company Cars 101

Company Cars: Rules, Costs & Popular Cars

Company Cars For EmployeesCompany cars can be an extremely attractive perk for employees and have many benefits to the employer as well. [give estimated company vehicles on the road]

Should Companies Offer Vehicles To Employees?

Among the chief benefits of providing business vehicles for your staff is…

  • Increased Exposure: A company vehicle can act as a sort of “rolling billboard” for your business. Every time an employee is driving the company car, others are exposed to your business if you have signage on the vehicle. You see this quite effectively in many of the trades, such as electric, heating, plumbing, construction & real estate.
  • Visible Reward: Employee morale is incredibly important to the success of a business. The happier your employees are, the more productive they can be. In lieu of an actual bonus (i.e. more money) some company’s use a company vehicle as a reward and it works well in 2 ways.
    • It’s Not Common: If you work somewhere and only a select few people get a company car it can make you the employee feel special and committed to the company.
    • Other Employees See This: Many employees will see the employees that get company cars and aspire to hit the same goal. They may look at the company vehicle as the ultimate reward, and most importantly they’ll have to work hard to get it. It’s the ultimate trophy.
    • High-Quality Company: If you give out company vehicles your employees know you value them. Not all companies have this perk and the companies that do have employees that know there’s a very special, attainable reward that only high-quality companies can offer.
  • Flexibility: Much like private air travel or a company cell phone a company vehicle gives an employee a definite convenience factor, and more peace of mind to the company. As an employer, you know that your key people have a company vehicle to conduct business at any time, as necessary.
  • Professional Image: This could actually be one of the best reasons to offer a company car, your business’ image. When a company is looking to retain control of their “brand” or public image, especially if there are face-to-face meetings of any kind, such as repair, real estate showings, estimates, high-powered business deals – a vehicle is one of the first things the prospective client or customer sees. You want your vehicle to represent your business, goals, experience & results. Many companies that offer vehicles to their employees know the right vehicle can make the best first impression.

We know the reasons why businesses choose to offer company vehicles, but what we don’t know are the rules, costs or tax implications associated with running a fleet of business vehicles, or even a select few company cars.

So, let’s start from the top.

Rules For Company Cars

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Mileage and Expense Tracking For Small Business

Small Business Mileage & Expense Tracking

Last updated on August 2nd, 2018 at 06:01 pm

Mileage & Expense Tracking For Small Businesses

Mileage and Expense Tracking For Small BusinessRight now over 400,000 freelancers, employees, self-employed individuals & small businesses in America use Everlance every day to automatically track their business mileage and expenses.

The average Everlance user sees over $6,500 in yearly deductions, and small businesses, especially those with high expenses and frequent vehicle travel see many times more than that.

Before we jump right into the “why’s” and “how’s”, we’d like to say that of all of the customer segments listed above, mileage & expense tracking for small business is one of the most important tax tools in your arsenal.

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Everlance Teams For Construction Workers: Mileage Tracking & Expenses

Mileage Tracking For Construction Workers

Last updated on July 12th, 2018 at 10:27 pm

Construction Worker Hard HatsYou’ve been running back-and-forth from the job site all day and the last thing you want to do is sit in your truck and write down your mileage for the day. 

…Every. Single. Day.

Unfortunately if you’re still using mileage log books then you have no choice. Mileage needs to be logged and the entire manual process is your responsibility. As is collecting receipts and turning in all of the paperwork on time to make sure you’re reimbursed or that you’re staying on top of your tax deductible mileage for the year.

If you’ve read our piece on mileage log books you’d know that we understand exactly how you feel – mileage logs are outdated. The good news is mileage tracking apps like Everlance can help solve this problem completely. Continue Reading

Business Mileage & Expense Tracking

Tracking Your Business Mileage & Expenses With Everlance

Track Business Miles and ExpensesOver 400,000 people use Everlance every day to automatically track their business mileage and expenses, but why do they use Everlance instead of our competitors? And which Everlance product do they use? Everlance Premium or Everlance Teams?

The answer to the first question is simple.

The average Everlance user finds over $6,500 in deductions and our product outperforms all other trackers on the market, including MileIQ & Quickbooks Self-Employed. Hands down we have the best product in this entire segment.

The second answer is a bit more complex, because the Everlance product you choose is based more on your team size and the need to manage a team in one place than it is about features or cost.

Before we dive into the features, or the exact reasons why business owners are choosing Everlance to track their mileage and expenses, let’s take a look at why mileage tracking is so important for both individuals and large businesses. Continue Reading

Mileage Tracking For Business | Track Employee Mileage & Expenses

Last updated on July 12th, 2018 at 10:31 pm

Automatically Track Employee Mileage & Expenses
Do you need to track employee mileage and expenses for your company?

Are you currently relying on employees to deliver these assets on a monthly basis?

Everlance is the a great low-cost solution for you. Everlance helps you eliminate all of the hassle of typical expense tracking procedures allowing you to save both time and money and your employees can get back to doing what they do best – working!

Employee mileage & expense tracking is an important program within a company. Often, employees are asked to commute to job sites, or industry events on a regular basis and in order for the employee to be reimbursed, or for the business to expense the costs, they have to be accurately tracked and recorded.

Most employers rely on employees to deliver these assets to them. Whether they’re in the form of a mileage log or receipts, it’s often the onus of the employee to record and deliver them to their employer.

This process is not without its struggles. Continue Reading

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