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News Archives
Tag Archives: mileage
Mileage Rate Decreases for 2009: 55 cents per mile
Effective January 1, 2009, the mileage rate decreased to 55 cents per mile for business related private automobile expenses. Please refer to the Schedule of Allowable Rates. Ask Us if you have any questions concerning this post.
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Mileage Rate Increase: 58.5 cents per mile
Due to rising fuel costs, the IRS has increased the mileage rate to 58.5 cents per mile for business related private automobile expenses incurred after July 1, 2008. Please refer to the Schedule of Allowable Rates.
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New 2008 Mileage Rate – 50.5 Cents per Mile
The IRS has announced a new standard mileage rate effective January 1, 2008. You may reimburse your travelers 50.5 cents per mile for business miles driven using a private auto. This rate was increased from the 2007 rate of 48.5 … Continue reading
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Mileage Rate Increase
The IRS has raised the mileage rate in response to the current gas prices. The increased rate of 48.5 cents will be reimbursed for all travel claims that occurred on or after September 1, 2005. This rate will remain at … Continue reading
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