CRS recognizes that individual drivers have significantly different costs for owning and operating their personal vehicles for business use. CRS will calculate a fair and accurate reimbursement rate for each driver based on variables such as where they live and how many business miles they drive.
For example:
- Insurance premiums will vary dramatically town by town, and even more so state by state. (more info)
- Some states levy significant property tax or excise tax on vehicles.
Yet other states do not levy any of these taxes. (more info)
- Gas prices often differ tremendously state by state (due to state taxes) and are constantly fluctuating. (more info)
The CRS Program accounts for dozens of these geographic cost variances. This information becomes the basis for calculating an individual reimbursement rate for each driver that fairly and accurately reimburses the actual costs associated with the business use of their personal vehicle.
