1 ON TWITTER 3 days 19 hours ago Excited to door knock with @peggyflanagan today! http://t.co/2fxuOM2ID2. 2  ON TWITTER 5 days 20 hours ago Keith will be joining @HuffPostLive this morning at 10:05am CT.
1 For all travel expenses incurred on or after January 1, 2009, the mileage reimbursement rate is 55.0 cents per mile. 2  For all travel expenses incurred from August 1, 2008 through December 31, 2008, the mileage reimbursement rate is 58.5 cents per mile.
As of July 1, 2008, that rate is 58.5 cents per mile traveled for business purposes, 27 cents per mile for medical and moving travel, and 14 cents per mile for travel for charitable purposes. You can use the standard mileage rate as a benchmark to reimburse employees for business travel.For tax purposes, itâs much less complicated to go by the standard rates than to require employees to keep track of their actual vehicle expenses.nd finally, the employee should be required to return any excess reimbursement to his employer. Mileage reimbursement arrangements provide a number of tax benefits for both employers and employees.