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Standard Mileage Rates Internal Revenue Service

13 rows · The following table summarizes the optional standard mileage rates for employees, self-employed individuals, or other taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving expense purposes.…

Employee Mileage Reimbursement

Feb 16, 2020 · For 2020, the Standard Mileage Rate is rate is set at 57.5 cents per mile traveled, down from 58 cents for 2019. This fixed, standard rate incorporates the cost of insurance, registration, gas, oil, and maintenance.   For someone who drives a lot for work, this can result in a significant deduction.…

CompanyMileage - Mileage Reimbursement Software Mobile ...

Mileage reimbursement represents a significant expense, and inefficient systems just add to that expense. Automating the process with CompanyMileage.com greatly improves mileage verification, resulting in significant savings. So stop wondering about your reimbursement expenses and start managing them with CompanyMileage. How much can we save you?…