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The business mileage reimbursement rate is used by some employers for computing employee reimbursement amounts when an employee operates a motor vehicle not owned by the employer for the employer's business purposes. The General Services Administration (GSA) sets the rate for federal jobs. In general, the GSA rate matches the annual rate set by ...
Ramp takes a closer look at mileage reimbursement and explains why it's important and when it does or does not make sense.
Here is the breakdown for the two most common ways to use the standard mileage rate: business tax deductions and employee mileage reimbursements. Business/Self-Employed Tax Deductions
Ending remote work across government is being considered a potential “early candidate” for executive orders that members of DOGE will recommend to Trump, the source said. “It’s definitely ...
An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
Motus is a workforce management company headquartered in Boston, Massachusetts, [1] [2] that offers vehicle reimbursement, fleet management and business intelligence solutions. This includes mileage reimbursement, BYO programs, Managed Mobility Services and living cost intelligence.
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related to: mileage reimbursement for remote employeesRanked Top Expense Software - G2 Crowd - Business Software Reviews