While it may seem complicated converting to a non-taxable auto allowance is relatively simple and involves analysis, planning and implementation.
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Analyze
Evaluate your current automobile allowance policy. Explore other policy alternatives in order to provide competitive allowances that are in alignment with your financial and business objectives. |
Plan
Determine the standards that will generate your new auto allowance policy. Provide EMC the necessary data for allowance calculations. |
Implement
Implement the new professional auto allowance policy. EMC provides organizational communication, training and ongoing support to ensure sustainability. |
