While the rates have varied over time, the principle of the IRS mileage rate - offering a standard, fair reimbursement rate that reflects the actual costs of operating a vehicle for designated purposes - remains constant. Exceptions and special considerations ...
reimbursement for travel expenses based on a mileage rate; however, the taxpayer did not request reimbursement because he believed he would get a bigger refund if he claimed his automobile expenses on his tax return. Sec. 274(d)(4) sets forth substantiation requirements with respect to listed ...
Drive Less:The less your vehicle is on the road, the less likely you are to have an accident. Car insurance companies recognize this, and many offer discounts or overall cheaper rates for low-mileage drivers as a result. Some companies also offer policyholders discounts for being a good driv...
45. Includes an immediate first-day rental, and reimbursement will be made for vehicle base daily rental rate charges incurred only (excluding mileage charges, drop-off fees, insurance, gasoline, tax, etc.), up to a maximum of $45 per day limited to a maximum duration of two (2) days...