Tag: Mileage reimbursement
2025 IRS Business Mileage Rate Increases
On December 19, 2024, the Internal Revenue Service released the 2025 optional standard mileage rates, which are used to calculate the deductible costs of operating…
IRS Announces 2024 Mileage Rates
On December 14, the Internal Revenue Service (IRS) announced a slight increase in the 2024 optional standard mileage rates for business use (as this rate…
2023 IRS Mileage Rates Announced
On December 29, 2022, the Internal Revenue Service issued the 2023 optional standard mileage rates, which are used to calculate the deductible costs of operating…
Mileage Reimbursement Rate Increases on July 1
On June 9, 2022, the Internal Revenue Service (IRS) announced an increase in the standard mileage rate for the second half of 2022. Although this…
2022 IRS Mileage Rates Announced
On December 17, 2021, the Internal Revenue Service (IRS) issued the 2022 optional standard mileage rates, which are used to calculate the deductible costs of operating an…
