Benefits of Using the W2 to Lessen the Burden of Fleet Driver's Personal Use Tax
Listen to the conversation between David Hayward and Scott Lauer from Teva Pharmaceuticals discussing how organizations work with their drivers each year to determine the personal use mileage on a company vehicle for taxes. Due to COVID this year, a vehicle may have a higher personal mileage, resulting in increased taxes (perhaps in the thousands) for the drivers of your fleet vehicles, which could be a large unexpected burden for them. In the video, learn about the benefits of the W-2 method and how this helps in delaying the tax payments for the drivers.
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