Using a mileage rate You have kept records for the past month, and they show that you’ve driven 175 miles for business. The standard mileage rate is 56 cents per mile. To find your reimbursement, you multiply the number of miles by the rate: [miles] * [rate], or 175 miles * $0.56 = $98
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Do Employers Pay For Mileage And Gas?
On the federal level, there is no requirement for employers to reimburse employees for mileage when using personal vehicles for company purposes. However, all employers are federally required to reimburse employees for any work-related expense to a point
Does Gsa Mileage Include Gas
Mileage reimbursement is intended to cover all the costs associated with operating a vehicle for business purposes, including wear and tear on the car as well as gas costs. If you need to reimburse employees for mileage, try our free calculator
How Is The Federal Mileage Rate Calculated?
Using a mileage rate You have kept records for the past month, and they show that you've driven 175 miles for business. The standard mileage rate is 56 cents per mile. To find your reimbursement, you multiply the number of miles by the rate: [miles] * [rate], or 175 miles * $0.56 = $98
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