How is mileage reimbursement calculated in 2023?
How is mileage reimbursement calculated in 2023? The standard mileage rate for transportation or travel expenses is 65.5 cents per mile for all miles of business use (business standard mileage rate).
What counts as business mileage?
The IRS considers business mileage as any driving done solely for business purposes. For example, driving out of the office to meet clients, get supplies, or run other business errands. Note that commuting between your home and your place of work is not considered business mileage.