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Preparing Your Company For The 2021 IRS Mileage Rate
October 27, 2020
As 2020 comes to an end, companies will be focusing on closing Q4 and preparing for the year ahead. One way organizations can set themselves up for success? Preparing for the 2021 IRS mileage rate. How will the rate change, and more importantly, how will it impact your business? The 2021 IRS Mileage Rate If…
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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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What is the IRS Mileage Rate? How Does it Impact Your Business?
September 2, 2015
Every year the IRS announces a new IRS mileage rate. That number is generally somewhere between 60 cents and 30 cents, but it has considerable impact on many companies’ vehicle programs. So what is the IRS mileage rate? And when it changes, how should companies react? We’ll explain everything you need to know about the…
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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.
