- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Company Vehicle : Do my employees buy gas or do I?
Posted on 1/15/13 at 7:51 pm to lsufanintexas
Posted on 1/15/13 at 7:51 pm to lsufanintexas
I have never heard of having the employee pay for fuel in company issued vehicles. Our company vehicles have a fuel card issued with them and the company picks up all expenses related to the vehicle. The vehicle is used for company business only. You will need to check the IRS rules on vehicles and how they are used. They can be considered compensation depending on use. Also, insurance coverage, non employee passengers etc. Im sure someone with more knowledge will chime in soon.
Posted on 1/15/13 at 8:01 pm to Lefty Diego
That's what I thought.
Thanks
Thanks
Posted on 1/16/13 at 7:52 am to Lefty Diego
There is a "personal use" tax associated with company vehicles. I'm not sure how it's calculated but mine was $700 this year.
Popular
Back to top
Follow TigerDroppings for LSU Football News