The mileage tax deduction can lower your tax bill if you qualify. Learn who’s eligible, which method saves more and how to claim it correctly in 2026.
Some jobs or organizations will reimburse their employees or volunteers for miles driven on the company's behalf. To be able to be reimbursed for driving miles, the driver must keep a detailed record ...
No law mandates that employers give mileages expenses to employees, but many companies opt to do this as a gesture of good will, and because mileage reimbursement is a tax-deductible business expense.
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...
Gas prices at the pump took one crazy trip in 2022 – and it's going to add another layer of complexity for those who claim mileage deductions on their 2022 tax returns. What exactly is the standard ...
Seyfarth Synopsis: The U.S. DOL has confirmed that there is no per se violation of the FLSA’s minimum wage requirement when low-wage employees are reimbursed for their use of a personal vehicle at a ...
The Internal Revenue Service announced the new standard mileage rate for 2026. These rates apply to 2026 tax returns that would be filed in 2027.
Within fifteen (15) days after completion of a trip, a "Claim for Employee Travel Expense" form must be filed in the Controller's Office. Travel expenses must be itemized for each day of travel. If an ...