How Does the IRS Calculate Mileage Reimbursement?

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Tip 1 - How to Calculate Business Mileage Reimbursement

Published:  | Submitted by elite staff | permalink
How to Calculate Business Mileage Reimbursement

Mileage reimbursement supplies a per-mile payment to your employees for business travel in a personal vehicle. The mileage rate as determined by the Internal Revenue Service provides expense relief ...

Tip 2 - IRS Mileage Reimbursement Calculation | eHow

Published:  | Submitted by dani shahal | permalink
IRS Mileage Reimbursement Calculation | eHow

The Internal Revenue Service allows a variety of different mileage reimbursement plans. Employers may reimburse actual vehicle expenses, use the IRS standard mileage rate or not reimburse expenses at all. To be a valid expense, the business must maintain proof of the expense and verify that the miles were driven for a business purpose.

Tip 3 - IRS Mileage Rate Announced for 2015

Published:  | Submitted by Ed Alfke | permalink
IRS Mileage Rate Announced for 2015

The IRS mileage rate 2015 for business use of a vehicle, has been increased to 57.5 cents per mile.

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Category: Fun | 9 years, 4 month(s) ago

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