Tag: Mileage reimbursement

IRS Mileage Rates Increased Again on July 1
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Posted in Compensation

IRS Mileage Rates Increased Again on July 1

On July 13, 2026, the Internal Revenue Service (IRS) announced a rare midyear increase to the optional standard mileage rates, which are used to calculate…

501120
Posted in General Workers' Compensation

2026 IRS Mileage Rate Increases

On December 29, 2025, the Internal Revenue Service (IRS) released the 2026 optional standard mileage rates, which are used to calculate the deductible costs of…

2025 IRS Business Mileage Rate Increases
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Posted in Compensation

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
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Posted in Compensation

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…

11238
Posted in Compensation

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…