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Company Mileage News

IRS Announces 2025 Standard Mileage Rate Increase
3 days ago

IRS Announces 2025 Standard Mileage Rate Increase

The IRS has set the 2025 standard mileage rate at 70 cents per mile, reflecting a three-cent rise from 2024, impacting reimbursement costs for businesses.

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CompanyMileage.com

IRS Announces 2024 Standard Mileage Rates for Reimbursement
12 months ago

IRS Announces 2024 Standard Mileage Rates for Reimbursement

The IRS has set the 2024 standard mileage rate at 67 cents per business mile, reflecting a 1.5 cent increase from 2023 amid rising vehicle ownership costs.

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CompanyMileage.com

Cost Comparison of Electric and Gas Vehicles in 2023
15 months ago

Cost Comparison of Electric and Gas Vehicles in 2023

A recent analysis reveals varying costs associated with electric and gas vehicles, suggesting the financial implications depend on numerous factors including charging methods and regional fuel prices.

Company MileageEV

CompanyMileage.com

Importance of Accurate Mileage Logs Highlighted by Court Cases
1 year ago

Importance of Accurate Mileage Logs Highlighted by Court Cases

Recent court cases underscore the necessity of accurate mileage logs for business tax deductions and the potential consequences of fraudulent claims.

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CompanyMileage.com

CompanyMileage Partners with Benchmarks to Enhance Services
1 year ago

CompanyMileage Partners with Benchmarks to Enhance Services

CompanyMileage has formed a partnership with Benchmarks to support human service providers in North Carolina, enhancing service delivery for families and individuals.

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CompanyMileage.com

IRS Updates Standard Mileage Rate for 2023
1 year ago

IRS Updates Standard Mileage Rate for 2023

The IRS has increased the standard mileage rate for 2023 to 65.5 cents, reflecting rising car ownership costs and significant implications for mileage reimbursement management.

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CompanyMileage.com

IRS Updates 2023 Standard Mileage Rate to 65.5 Cents
2 years ago

IRS Updates 2023 Standard Mileage Rate to 65.5 Cents

The IRS has increased the 2023 standard mileage rate to 65.5 cents per mile, reflecting ongoing adjustments to vehicle operating costs amid rising inflation.

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CompanyMileage.com

IRS Increases Standard Mileage Rate for 2022
2 years ago

IRS Increases Standard Mileage Rate for 2022

The IRS has raised the standard mileage rate for business travel to 62.5 cents per mile, effective July 1, 2022, amidst rising fuel costs.

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CompanyMileage.com

IRS Updates Standard Mileage Rate for Business Travel in 2022
3 years ago

IRS Updates Standard Mileage Rate for Business Travel in 2022

The IRS has revised the standard mileage rate for business travel to 58.5 cents per mile in 2022, reflecting increased vehicle operating costs.

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CompanyMileage.com

IRS Adjusts 2021 Standard Mileage Rates for Business Travel
4 years ago

IRS Adjusts 2021 Standard Mileage Rates for Business Travel

The IRS updates the 2021 standard mileage rate to 56 cents per mile for business travel, reflecting changes in fuel prices and vehicle operation costs.

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CompanyMileage.com

Six Strategies to Reduce Mileage Expense Reimbursement Costs
5 years ago

Six Strategies to Reduce Mileage Expense Reimbursement Costs

CompanyMileage implements strategies to streamline mileage expense reimbursements, potentially saving organisations 20-30% on associated costs through automation and efficiency.

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CompanyMileage.com

Mileage Reimbursement and Car Allowance Comparison
5 years ago

Mileage Reimbursement and Car Allowance Comparison

The article examines the differences between mileage reimbursement and car allowance models, outlining their implications for employee compensation and tax considerations.

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CompanyMileage.com

Implementation of Electronic Visit Verification Requirements
5 years ago

Implementation of Electronic Visit Verification Requirements

The 21st Century Cures Act mandates electronic visit verification for personal and home healthcare services, impacting providers nationwide from 2020 and 2023 respectively.

Company MileageEV

CompanyMileage.com

IRS Updates Standard Mileage Rates for 2019
6 years ago

IRS Updates Standard Mileage Rates for 2019

The IRS has increased the standard mileage rate for 2019 to 58 cents per mile, reflecting rising costs associated with vehicle operation.

Company Mileage

CompanyMileage.com

Impact of Rising Oil Prices on Mileage Reimbursement Rates
6 years ago

Impact of Rising Oil Prices on Mileage Reimbursement Rates

The surge in oil prices may result in increased mileage reimbursement rates, prompting employers to reassess their reimbursement strategies for mobile employees.

Company Mileage

CompanyMileage.com

CompanyMileage Enhances Location Accuracy with MapQuest
7 years ago

CompanyMileage Enhances Location Accuracy with MapQuest

CompanyMileage reports significant improvements in address validation and geocoding accuracy since integrating MapQuest for Business in 2012, benefiting its mobile health provider clients.

Company MileageLBS

CompanyMileage.com

IRS Reduces Standard Mileage Rate for 2016
9 years ago

IRS Reduces Standard Mileage Rate for 2016

The IRS has decreased the standard mileage rate for business use to 54 cents per mile for 2016, citing lower fuel prices as a contributing factor.

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CompanyMileage.com