
IRS Mileage Rate History | Historical IRS Mileage Rates Explained (1997-2025)
Every year, the IRS releases its standard mileage rate, a rate per mile that individuals and businesses can use to calculate tax deductions or reimbursements
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Every year, the IRS releases its standard mileage rate, a rate per mile that individuals and businesses can use to calculate tax deductions or reimbursements
Every year, the IRS releases its standard mileage rate, a rate per mile that individuals and businesses can use to calculate tax deductions or reimbursements
When reducing your tax burden, and tracking your expenses are key.
In the information age, buyers are savvier and more knowledgeable than ever. Many sales tactics
Setting up a mileage reimbursement system is important for any company, from small-scale to enterprise.
If you’re a Texas employer or employee who frequently deals with work-related travel, understanding the
2025 may go down as one of the most dramatic years in the mileage tracking
Gig economy work has become a staple line of work in today’s job market, with
Whether you’re a 10-year vet or someone just starting out, Uber and other rideshare apps
Uber has transformed the way humans travel, and the brand has also created a new
Expense reimbursement is an essential aspect of the employer-employee relationship that requires careful consideration and
Using outdated manual mileage logs can cost businesses thousands of dollars per year in lost time and incorrect reimbursements. See how much TripLog can help you save!
Number of drivers
Average miles daily per person
Number of trips daily
Cents-per-mile
Annual mileage reimbursement costs based on the numbers you provided.
Annual Mileage Reimbursement
50 mi/day x 100 drivers x $0.70 (5 days x 50 wks)
$675,000
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According to research, on average employees inflate the mileage by 25% when self reported.
Estimated Reimbursement Savings
$168,750
People on average spend 2 minutes on manually recording trips.
Manual Entry Hours
2 mins x 10 trips/day x 100 drivers (5 days x 50 wks)
8,334 hr
Taking national average $25 hourly rate.
Estimated Labor Savings
Avg. $25/hr x Manual Entry Hours
$208,334
Your Company
(Labor Savings + Reimbursement Savings) / Number of Drivers
$4,167
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