TripLog

Understanding the rules around employee reimbursement and how your company handles them is key to a successful expense management policy. Employers and employees both benefit from clear and effective policies; TripLog facilitates exactly that! #expensemanagement #employeereimbursement #companyreimbursment

DID YOU KNOW? 👀 Under US tax laws, personal use of a company vehicle is typically classified as a non-cash fringe benefit. This has implications for both the employer and the employee, and personal use of a company vehicle needs to be accurately tracked for tax purposes. Stay compliant without the hassle by using automatic mileage tracking from TripLog. #companyvehicles #taxdeductions #mileagetracking #TripLog #tax #reimbursement #sidehussel #TripLogmileage #companyvehicle

Employee reimbursements don't have to be complicated. TripLog enables a seamless process for the submission, review, and approval of mileage and expenses, saving businesses time and money. Get started today and set your expense approval hierarchy up in only an hour. #expensemanagement #employeereimbursement #businessexpense #mileagetracking #TripLog #TripLogMileage #hierarchy #reimbursement #expensetracking #expenses #saving

Road Warrior Essentials - Top Picks to Take on the Road 1) The perfect playlist - whether you prefer music, audiobooks, or podcasts, the right soundtrack makes trips 100% better 🎶 2) Fuel - for you and the car 🍊🍎🥤☕⛽ 3) Automatic mileage tracker - make the most of every mile with accurate and detailed reporting for tax deductions or employer reimbursement 💰 What are your top tips for maximizing the success of business on the road? #roadwarriors #mileagetracking #expensemanagement #businesstrip

Did you know the IRS does not consider commute mileage deductible? Many employers also will not reimburse your commute. Keeping accurate mileage logs is key to maximizing tax and reimbursement benefits, so be sure to know the rules before you hit the road. #mileagereimbursement #employeereimbursement #mileagetracking #sidehussel #IRS #taxes #commute #mileage #needtoknow #TripLog

3 mileage tracking myths it is time to debunk: 1) Tracking mileage is time-consuming: TripLog's Magic Trip will automatically start tracking your drive and categorize trips with custom work hours and locations. 2) My work apps already track my mileage: rideshare and delivery apps will track certain mileage, such as the distance of an active ride, but they miss out on many deductible miles, costing you money! 3) Tracking mileage isn't worth it: every mile is worth $0.67; 1,000 miles = $670 in tax deductions. If you use a personal vehicle for work, your employer may also reimburse you for mileage. Now that we've busted those myths, let's get down to dollars and cents. TripLog's user-friendly tools are a top pick among drivers, with features built to work with any business on the go. Download TripLog today and never miss a mile.

86% of employees believe that automation helps improve productivity and growth. See how TripLog is changing how clients manage expenses and allowing them to focus on what is most important to their business. #expensemanagement #smallbusiness #employeereimbursement #TripLog #smb #expense #reporting #automation #management #TripLogmileage

DID YOU KNOW? Businesses are able to set a mileage rate that is different than the standard set by the IRS. However, if you are paying more or less than the standard rate for the year, there are several factors to consider that may affect you or your employees. #mileagereimbursement #expensemanagement #mileagetracking #businessexpenses

Cents-Per-Mile (CPM) or FAVR, which is better for your business? It's more than dollars and cents when choosing a reimbursement program for employees; businesses must consider how many employees drive, how far and where they drive, and what best aligns with the other systems helping to run the business. Learn more about each option, and why accurately tracking mileage is important for any business with employees hitting the road. #mileagetracking #FAVR #expensemanegement #reimbursement

SAP Concur Alternatives & Competitors #TripLog #SAP #triplogmileage #saving #expense #travel #driveforwork