IRS sets 2009 Auto Mileage Reimbursement Rate
Posted: Thursday, December 4, 2008 | Printer Friendly
Effective Jan. 1, 2009, the standard mileage rate employers can use to reimburse employees who drive their owned or leased automobiles for business purposes is 55 cents per mile. Using the standard mileage rate allows employers to eliminate the need for employees to record actual mileage expenses.
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