In truth, this is a customer-service sector where the jobsâ duties, work settings, training, salaries and skills are diverse. Check out U.S. Newsâs multifaceted list of the Best Business Jobs for 2015, and read more on how we rank the jobs.
The IRS Standard Mileage Rate is the rate provided by the IRS for mileage reimbursement for business use of a personal vehicle. In 2015, the rate is 57.5 cents per mile. The rate is a guideline based on average gas prices and average wear and tear on a vehicle (gas reimbursement is a part of this rate). Some people want to know if they can reimburse less than the standard rate. The answer is yes. Others want to know if they can reimburse more.
Sometimes employees are required to use their own vehicles for work-related travel. This, of course, excludes traveling to and from work. Employers are required to reimburse employees for their mileage. Every year, the IRS specifies a rate at which employees can be refunded their mileage-related costs. The mileage reimbursement rate intends to cover the costs of operating a motor vehicle for business purposes. Mileage reimbursement offers benefits to both employers and employees. It encourages employees to make more business trips and support their companies without worrying much about the accrued mileage costs.