Michigan Web Design, Web Development, SEO and Social Marketing. CI Web Design Inc. is a full service Michigan web design, web development and marketing company, based in Dearborn Heights, MI.
In any event, the new rate became effective January 1, 2015. Remember, this is the optional standard mileage rates. These rates are typically used by businesses to help calculate mileage expenses for employees but it is not mandatory.Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be 57.5 cents per mile for business miles driven (up from 56 cents in 2014.).n any event, the new rate became effective January 1, 2015. Remember, this is the optional standard mileage rates. These rates are typically used by businesses to help calculate mileage expenses for employees but it is not mandatory.
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.