Book a demo

The IRS has set the standard mileage rate at which employees can be reimbursed for using their personal vehicle for business purposes in 2012.

The rate has been set at 55.5 cents per mile, which is unchanged from 2011.  The standard mileage rate for miles driven for service to a charitable organization also is staying the same at 14 cents per mile, while the rate for miles driven for medical or moving purposes is decreasing to 23 cents per mile from the current 23.5 cents per mile. These rates are effective January 1, 2012.

You may also be interested in…

Article

Terminating an Employee in New York: What You Need to Know

Termination is an inevitable aspect that every employer must navigate with diligence...

Case study

New Zealand Based Company Expands to USA with FoxHire

How can an international company expand to America and hire new employees?...

Webinar

Conversion Fees for Dummies: A Guide for Recruiters

In this webinar, we break down the often misunderstood topic of conversion...

A complete Employer of Record (EOR) platform for onboarding, payroll, and compliance – so you can hire without the hassle.