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Just Announced: The 2019 IRS Standard Mileage Rate
December 14, 2018
How will the 2019 IRS standard mileage rate impact your business? The 2019 IRS standard mileage rate was announced today as $0.58. Next year’s rate increased 3.5 cents from the 2018 rate. Also referred to as the IRS Safe Harbor Rate and IRS business mileage standard, the IRS standard mileage rate takes into account this…
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Understanding This New Watermark and How to Navigate Mileage Reimbursement Methods for Different Business Needs BOSTON, Mass., December 14, 2018 –The Internal Revenue Service (IRS) today announced the 2019 national business mileage rate of 58 cents. The IRS calculates the rate using data provided by Motus, the premier vehicle management and reimbursement platform*. Based on…
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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.
