Tag: reimburse employees

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…

11460
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…