Archive for mileage rate

New IRS Mileage Rates for 2017

Beginning January 1, 2017, the new standard IRS mileage rates are: (a) $0.535/mile for business miles driven; (b) $0.17/mile for medical or moving purposes; and (c) $0.14/mile for service to charitable organizations. Employers that use the standard IRS rates for employee reimbursement purposes should review and adjust their…

IRS Announces New Mileage Rates for 2016

Beginning January 1, 2016, the new standard IRS mileage rates are: $0.54/mile for business miles driven; $0.19/mile for medical or moving purposes; and $0.14/mile for service to charitable organizations. Employers that use the standard IRS rates for employee reimbursement purposes should review and adjust their expense reimbursement policies…

New IRS Mileage Rates for 2015

Beginning January 1, 2015, the new standard IRS mileage rates are: $0.575/mile for business miles driven; $0.23/mile for medical or moving purposes; and $0.14/mile for service to charitable organizations. Employers that use the standard IRS rates for employee reimbursement purposes should review and adjust their expense reimbursement policies…

New IRS Mileage Rates for 2014

Beginning January 1, 2014, the new standard IRS mileage rates are: $0.56/mile for business miles driven; $0.235/mile for medical or moving purposes; and $0.14/mile for service to charitable organizations. Employers that use the standard IRS rates for employee reimbursement purposes should review and adjust their expense reimbursement policies…