Topic |
Messages |
Mileage Reimbursement |
10:09am Mar 15, 2001 PST (#1 of 5)
What is the standard gas reimbursement for trips over 100 miles. 100 miles is arbitrary, but I expect to pay less for the longer trips than our city mileage reimbursement. What do you use?
(We use $.35 / mile for city driving.)
Kathy Seymour
10:10am Mar 15, 2001 PST (#2 of 5)
IRS mileage rate for 2001 is .345 per mile that's what you should be using. You should reimburse actual receipts for gas. However, if you reimburse mileage you can't reimburse gas or vice versa. It is a either or situation. You might want to discuss further with your accountant.
Dawn Jaworski Accounting Manager
10:10am Mar 15, 2001 PST (#3 of 5)
Mileage should be reimbursed at the same rate that you take a deduction from the IRS (in my humble opinion), regardless of where the employee is traveling.
Shelly Constantz
10:10am Mar 15, 2001 PST (#4 of 5)
I think you should pay the standard amount regardless of the distance of the trip, which according to the IRS is $.0325 per mile. This is the amount we pay for all trips.
Catherine Colangelo The Phillips Agency
10:11am Mar 15, 2001 PST (#5 of 5)
We reimburse at the IRS max for all miles @.345
Pamela A. Brosch, CPA Chief Financial Officer HSR Business to Business Inc.
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