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To deduct mileage expenses from your business taxes, your organization must keep a log of any business driving activities. Per the IRS, these logs must include the mileage for each… Read More

CompanyMileage Announces Corporate Partnership With Benchmarks

Posted by Company Mileage | February 22, 2023

CompanyMileage is excited to announce our corporate partnership with Benchmarks, a non-profit association of highly-qualified and respected provider agencies in North Carolina. As a corporate partner, we are excited to… Read More

At the end of each year, the IRS updates its standard mileage rate for the upcoming year. Typically, the number they land on—which is based on an annual study of… Read More

IRS Announces the 2023 Standard Mileage Rate

Posted by Company Mileage | December 30, 2022

The Internal Revenue Service (IRS) has updated the optional standard mileage rate in 2023 to 65.5 cents per mile for business travel, an increase of 7 cents from 58.5 cents… Read More

Proposed Labor Department Rule May Reclassify Independent Contractors

Posted by Company Mileage | October 25, 2022

The distinction between who is an employee and who is an independent contractor has been a frequent litigation issue ever since the Fair Labor Standards Act (FLSA) was passed in… Read More

IRS Increases the 2023 Standard Mileage Rate:Read More
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