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Just Announced: The 2020 IRS Standard Mileage Rate
January 2, 2020
The 2020 IRS Standard Mileage Rate is $0.575 On December 31, the IRS announced the 2020 IRS standard mileage rate as 57.5 cents. The rate changes from the 2019 rate of 58 cents by a half cent. This is the first time the rate hasn’t increased in the past three years. But what is the…
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Motus Reveals Trends Underpinning the New Rate and Guidance on its Usage BOSTON, Mass., December 31, 2019 – The Internal Revenue Service (IRS) has announced the 2020 business mileage standard rate of 57.5 cents, calculated with data provided by Motus. As the definitive leader in reimbursement solutions for businesses with mobile-enabled workforces, Motus has deep insights…
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With Motus, accurately capturing business mileage has never been faster or easier. Gone are the days of hand-written paper mileage logs and time-consuming expense reports. Please note, use of this product requires a Motus app subscription.
