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After choosing a fleet service provider, be sure to keep open all lines of communication, identify common goals, and develop a stategy to implement the provider's plan.
Read More →BRENTWOOD, TN — Comdata Corp., a provider of electronic payment transactions, announced an alliance on March 29 with RAIR Technologies to provide fleets with an accurate, easy-to-administer, DOT-compliant driver log system.
Read More →DEARBORN, MI – Ford is responding to the explosive growth of iPod and MP3 audio players by offering auxiliary audio input jacks in half of its 2007-model Ford and Lincoln and Mercury products.
Read More →ST. PAUL, MN --- A new report about biofuels, released by the Office of the Legislative Auditor for the Minnesota Legislature, recommends that the state eliminate the producer payment program for corn-based ethanol.
Read More →HELENA, MT - In addition to lack of an accurate vehicle count, a recent audit found discrepancies in the state agencies' maintenance records, vehicle assignments, and take-home vehicle policy.
Read More →UNITED KINGDOM – Lotus Engineering's system synthesizes external sound on electric and hybrid vehicles to make them more audible to pedestrians and cyclists.
Read More →The North Carolina Department of Insurance Licensing closed an audit of a member company of the Truck Renting & Leasing Association (TRALA) after the state Attorney Generals office issued an advisory letter stating that extension of insurance on commercial rental truck agreements was not considered a sale of insurance.
Read More →SAN JOSE, CA – In the first audit since 1981, findings include vehicle idling, more than $100,000 in unpaid parking fines, personal use of county vehicles, and unused units in fleet, according to Mercury News.
Read More →Last August, the IRS announced areas it will prioritize for audits in 2014, one of which is fringe benefits, especially the personal use of company vehicles. Managing personal-use compliance is a headache. It is also expensive, with internal costs ranging from $35 to $75 per year per vehicle. Here's what you need to do to be prepared should your friendly IRS agent come knocking on your front door.
Read More →If personal use of a company vehicle is allowed, then you are responsible to ensure company compliance with IRS regs and to avoid tax problems associated with unreported personal miles. The reason for this admonition is that more companies are being audited for inadequate recordkeeping of business use.
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