Tax rate
What Will the IRS Standard Mileage Rate Be in 2021?
Posted by Company Mileage | November 23, 2020
We’re quickly approaching the end of 2020 (can you believe it?), and like the rest of you mileage expense enthusiasts, we’re just as excited about the upcoming announcement of the… Read More
What You Need to Know About Independent Contractor Mileage Reimbursement
Posted by Company Mileage | August 28, 2020
Hiring independent contractors can come with a lot of benefits for your business. For one, their hours can be more flexible than regular employees. They can work for specific projects… Read More
Be Prepared With a Detailed Mileage Log for IRS Audit
Posted by Company Mileage | February 13, 2020
IRS audits, much like vampires and werewolves, are shrouded in lore. The difference, of course, is that audits are real and could actually happen to you, though the likelihood isn’t… Read More
2020 IRS Standard Mileage Rate Announced
Posted by Company Mileage | December 31, 2019
The Internal Revenue Service (IRS) has updated the optional standard mileage rate in 2020 to 57.5 cents per mile, a decrease of 0.5 cents from 58 cents per mile in… Read More
Top 5 Measurements the IRS Uses to Determine Mileage Rate
Posted by Company Mileage | November 4, 2019
At the end of each year, the IRS releases their standard mileage rates for travel for businesses, medical or moving reasons and nonprofits and charitable organizations. Instead of dealing with… Read More