Entries in the Category "IRS"
IRS Increases Mileage Rates
The IRS has announced standard business mileage rates for transportation expenses incurred beginning July 1, 2011 will increase to 55.5 cents per mile (see release). Relevant CWRU reimbursement requests for travel taking place beginning July 1, 2011 should employ this rate.
CWRU personal vehicle travel for the period January 1, 2011 through June 30th, 2011 will be reimbursed at 51 cents per mile. Travelers using rental cars will be reimbursed for actual rental and gasoline expenses and not provided mileage allowances.