For those employers who have not checked or forgot about the change in mileage reimbursement rates, the IRS announced the optional standard mileage reimbursement rates have changed for 2015. Beginning January 1, 2015, the reimbursement rates have increased, and are as follows:
- 57.5 cents per mile for business miles driven;
- 23 cents per mile drive for medical or moving purposes; and
- 14 cents per mile driven in service of charitable organizations (same as current rate in effect).
For those employers that use the standard IRS rates for mileage reimbursement, make sure to change your expense reimbursement policies.
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