January 3, 2018

IRS Raises Standard Mileage Reimbursement Rates for 2018

Weekly HR – Mileage Reimbursement

IRS Raises Standard Mileage Reimbursement Rates for 2018

For cities that use the IRS rate to reimburse for mileage, be aware that on January 1, 2018, the IRS raised the standard mileage reimbursement rates.  That rate went up from 53.5 cents per mile to 54.5 on January 1, 2018.

For more information, sample policies or questions contact Andrea Shindlebower at ashindlebower@klc.org.  Or for the IRS article go to https://www.irs.gov/newsroom/standard-mileage-rates-for-2018-up-from-rates-for-2017.