Section 8 – Calculating Mileage for Reimbursement

While calculating mileage for reimbursement is a relatively straightforward process, it’s important to understand whether you qualify for mileage reimbursement. Furthermore, if you do qualify, it’s equally important to follow

Section 5 – IRS rates for 2020

As of January 1, 2020, the mileage rates determined by the IRS, with the rate for business being 57.5 cents, the rate for medical is 17 cents and the rate

Section 4 – Current Mileage Rates

Each year, the IRS updates its mileage rates for tax deduction purposes. Sometimes the rate will increase, sometimes it decreases. As of January 1, 2020, the mileage rates for cars,

Section 2 – Employers

Employers with staff who regularly travel and engage in company-related activities, where travel is conducted outside normal daily commutes, will likely reimburse their employees for travel expenses. There is no

Section 1 – Employees

There may be times when a company employee will use their personal vehicle to conduct business on behalf of their employer. There are a number of different ways an employee