What is the intent behind the IRS standard for gas mileage reimbursement?
Hi @chaddog, the gas mileage reimbursement rate lets you claim a certain amount of money for every mile you travel if you are using your vehicle for business purposes related to your job. I think this is very important that you will be reimbursed for the services of your car since you are spending money for the maintenance of your vehicle. This will cover the gas costs, general wear and tear and repairs. The IRS sets a reimbursement rate every year but the rate is optional and depends on the employer’s discretion. There are several factors to consider how much reimbursement you will receive in the state you are living in. These factors are: 1. Type of Vehicle will influence your mileage reimbursement. As of January 1st 2010. The standard rate for privately owned vehicles is 50 cents per mile. Motorcyclists can receive up to 47 cents per mile and if a private airplane is the most efficient mode, travels can receive up to $1.29 in reimbursement. 2. The purpose of your travel will also af
