The United States government, the Social Security (SSA) and the IRS, have turned their attention to an issue that many overlook. Although it may seem minor, using certain cars for personal matters can become a major problem.
Behind what appears to be a simple convenience, there is a potential tax evasion that authorities are determined to control strictly. It is increasingly common for companies in the United States to provide employees with SUV-type vehicles for business trips.
Ssa and the Irs are watching you more than ever: be careful with SUV use
However, the IRS has found that many also use these vehicles for personal purposes. Taking children to school, shopping, weekend getaways, or even vacations. All of that, if not properly reported, can be considered improper use, and the government is watching closely.
The IRS doesn't take this matter lightly. According to regulations, if a company vehicle is used outside working hours, those trips must be reported as additional income. If you do not do so, you face significant fines, audits, and even more severe penalties for tax evasion.
If the Irs detects this irregularity, prepare for the worst
The fact that it is an SUV doesn't go unnoticed; these types of vehicles usually have a high cost and attract much more attention during inspections. Social Security is also interested in this control because unreported income affects contributions made to the system.
That is, if the IRS finds that you use the company car for personal matters without reporting it, it can also impact your contribution record and, in the long term, your pension or your social benefits.
It's about obeying the law: take it seriously
That's why it is very important to pay attention, and if you have a company SUV, you must keep a detailed record of every trip. Clearly distinguishing between business and personal trips is key. Otherwise, you could end up in the government's, the IRS's, and Social Security's crosshairs.
It is not just about avoiding a fine or an audit. It is about obeying the law and not putting your financial future at risk due to carelessness. United States authorities are being very clear: there is surveillance, and the use of company vehicles for personal matters is under the radar, so be careful.