Form W-2

Form W-2: The Employer’s Wage and Tax Statement
An in-depth look at Form W-2, the document employers use to report employees' annual wages and the amount of taxes withheld from their paycheck.
Fixed and Variable Rate Allowances (FAVR): Allowable Method for Business Automobile Mileage Allowance
A comprehensive explanation of Fixed and Variable Rate Allowances (FAVR), an allowable method for computing a business automobile mileage allowance that is not reported as wages on Form W-2. This includes a cents-per-mile rate for operating costs and a flat amount for depreciation and insurance.

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