Tax rate

Will We See a Mid-Year Increase of the 2022 Standard Mileage Rate?

Posted by Company Mileage | March 11, 2022

At the beginning of March 2022, we saw a spike in the average cost of gas all across the country. For the first time since 2008, it surpassed $4 per… Read More

How Much Will the 2022 IRS Standard Mileage Rate Impact Your Budget?

Posted by Company Mileage | October 19, 2021

The IRS standard mileage rate is usually announced in December for the upcoming tax year, and the number they land on can have a huge impact on the amount your… Read More

When is Mileage Taxable? It’s Complicated.

Posted by Company Mileage | September 8, 2021

Whether it be to take a meeting, travel to a client, or pick up office supplies, driving plays an essential role in the day to day lives of many employees…. Read More

Is Mileage Reimbursement Taxable?

Posted by Company Mileage | April 20, 2021

Is mileage reimbursement taxable?  As much as it would be nice to have a simple yes or no answer, you should know by now that nothing related to taxes is… Read More

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

IRS Announces the 2022 Standard Mileage Rate:Read More