The IRS recently increased the standard mileage rate employees can be reimbursed for using their personal vehicles for business purposes.The new rate for 2011 is $.51 per mile. That is an increase of one penny over 2010′s rate of $.50. The IRS also set the mileage rate for medical and moving purposes at $.19 per mile and at $.14 per mile driven for service to a charitable organization. The new rates are effective January 1, 2011.If you have contractors who are required to drive their personal vehicles as part of their contract assignments, they can be reimbursed for the miles they drive. FoxHire utilizes the standard mileage rate determined by the IRS. If your contractor is working for a back-office that does not reimburse mileage, they can typically claim the reimbursement on their income tax return. But whether they are reimbursed by the back-office or claim reimbursement on their tax return, it is important that they track the dates they drive, the miles, and the destinations in order to back up their reimbursement requests.
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FAQs
Find answers to common questions about our services and the contingent workforce management.
FoxHire is an Employer of Record service that simplifies hiring for contingent workforce managers. We handle payroll, compliance, and onboarding, allowing you to focus on your core business. Our tech-forward platform automates administrative tasks, making workforce management efficient.
Our platform streamlines the hiring process by managing all administrative tasks related to contingent workers. You can easily onboard new hires and ensure compliance with regulations. This allows staffing agencies and HR departments to scale talent effectively.
Healthcare, education, and professional services sectors can greatly benefit from our services. We cater to organizations looking to manage a flexible workforce efficiently. Our solutions are designed to reduce administrative burdens and compliance risks.
Yes, we offer a demo of our platform to showcase its features and benefits. This allows potential users to see how FoxHire can streamline their hiring processes. Schedule your demo today to explore our solutions.
Signing up is easy! Simply visit our website and click on the 'Sign Up' button. Follow the prompts to create your account and start managing your contingent workforce.
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