When it comes to mileage reimbursement, employers have many options to choose from. Those options include: car allowances, the IRS mileage rate, cents-per-mile rates (other than the IRS) and fixed…
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Running a mileage reimbursement, or cents-per-mile (CPM), program without a properly-calculated mileage reimbursement rate can result in many challenges. Using a rate that suits their driving employees will help navigate…
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Every year the IRS announces a new IRS mileage rate. That number is generally somewhere between 60 cents and 30 cents. And it has considerable impact on many companies’ vehicle…
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Let’s set the record straight: no, the IRS mileage rate is not a required mileage reimbursement rate. Set by the IRS, the standard business mileage rate serves as a “safe…
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