I am interested in knowing how much companies pay in car allowances to VPs and PMs? Also, what does the car allowance cover (is gas included or separate expense? Insurance? Repairs? EZPass?) and how is it paid (taxable through payroll? Separate check and 1099?)
Nicole Lindstrom, CPA
Tore Electric Company, Inc.
Hamilton Business Park 85 Franklin Rd. – Units 4A & 5A
Victory Gardens-Dover, NJ 07801 (973) 659-3401 – Phone