IRS Lowers Standard Mileage Reimbursement Rates for 2016
Posted on December 29, 2015 by Andrea Shindlebower in Employee Payments/Reimbursements

Mileage Reimbursement for 2016 

For cities that use the IRS rate to reimburse for mileage, be aware that on January 1, 2016, the IRS lowered the standard mileage reimbursement rates. That rate went down from $0.575 to $0.54 on January 1, 2016.

For more information, sample policies or questions contact Andrea Shindlebower at ashindlebower@klc.org.  Or for the IRS article go here. 

SHARE THIS: