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Fleet Personal-Use Chargeback

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© 2021 MOTUS, LLC Motus is the defini ve expert in anywhere workforce solu ons. Its pla orm and proprietary so ware simplify the reimbursement and management of vehicle, device, work and living costs through personalized calcula ons. Powered by an unmatched pool of data, refined over more than 80 years, and updated in real me, Motus is the pla orm of choice for top Fortune 500 companies and organiza ons commi ed to workplace agility. Motus automo ve data, captured and analyzed across the world's largest retained pool of drivers, also underpins the annual Internal Revenue Service (IRS) business mileage standard, the amount an individual can deduct for business vehicle expenses. For more informa on please visit or connect with us on Twi er, Facebook, Instagram or LinkedIn. FLEET PERSONAL-USE CHARGEBACK: TRANSFORM YOUR COMPANY CAR WITH TECHNOLOGY Save on Your Bo om Line by Recovering the Cost of Personal Mileage A survey from Automo ve Fleet reported that the average personal-use chargeback was $139 based on flat chargeback amounts in 2019. This marks another consecu ve year in the upward trend of personal-use chargeback amounts. For Motus customers, personal-use chargebacks are calculated based on the actual personal and business mileage for each individual employee, factoring in the specific costs of opera ng their fleet vehicle. With this level of accuracy, the average personal-use chargeback across Motus customers was $164 per employee in 2019. With Motus, you're able to recoup the significant costs of personal mileage with accurate chargeback amounts. Eliminate Risk with IRS-Compliant Mileage Logs In addi on to reducing vehicle program costs, Motus also protects your business in the case of an audit. Companies can face poten al tax liabili es, penal es and interest if an IRS audit iden fies under-reported personal-use mileage. Since the IRS requires that employees maintain detailed mileage logs to substan ate business and personal use of company-provided vehicles, there are no surprises for the employee or business during tax repor ng season. The average personal-use chargeback across Motus customers was $164 PER EMPLOYEE IN 2019

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