Effective Jan. 1. 2015, the IRS has increased the mileage reimbursement rate for business travel to .575 (57.5 cents).
As of Jan. 1, 2015, any employee using their private vehicle to conduct college business will be reimbursed at this new rate when they submit a mileage claim.
Published: Fri, 02 Jan 2015 13:00:30 +0000 by m.lajeunesse