Mileage Reimbursement Policies?

Answer The Internal Revenue Service annually publishes standard mileage rates that businesses can use to reimburse an employee in the event he uses his vehicle for commercial purposes. Consumers can also ... Read More »

Top Q&A For: Mileage Reimbursement Policies

What is federal IRS mileage reimbursement?

For 2009, the federal IRS mileage reimbursement rate for business miles is 55 cents per mile, 24 cents for medical and moving mileage, and 14 cents for charitable contributions. Taxpayers retain th... Read More »

How do I calculate gas mileage for reimbursement?

Multiply the number of miles driven by the mileage rate you are being paid. In most instances, the mileage rate will be set by the Internal Revenue Service, which is $.50 per mile driven for busine... Read More »

IRS Guideline for Mileage Reimbursement?

A worker who uses a personal vehicle for business travel may receive reimbursement for the mileage expense. To avoid the necessity of claiming the reimbursement as income, follow IRS guidelines for... Read More »

How to Calculate Mileage for Reimbursement?

When using your own car for work-related road travel, your employer often reimburses you for the travel costs. Mileage reimbursement is based on the total number of miles traveled round trip. It in... Read More »