The Federal mileage rate as of February-2012 is 55.5 cents per mile, however with gas prices currently soaring due to Iran's Dictatorship threatening war and cutting off energy supplies from the Persian Gulf, gasoline and general energy prices continue climbing quickly, thus there will likely have to be an adjusted increase in the Federal mileage rate, to keep up with soaring energy inflation.
What is the 2009 federal law current rate for gas mileage reimbursement rate?
Business mileage rate .55 cents Moving & Medical rate .23 cents Charitable mileage rate .14 cents
The Federal mileage rate as of February-2012 is 55.5 cents per mile, however with gas prices currently soaring due to Iran's Dictatorship threatening war and cutting off energy supplies from the Persian Gulf, gasoline and general energy prices continue climbing quickly, thus there will likely have to be an adjusted increase in the Federal mileage rate, to keep up with soaring energy inflation.
Business mileage reimbursement is set by the Internal Revenue Service, a federal agency. The 2009 rate is .55/mile.
gas mileage reimbursement for Colorado"What is the most recent federal gas reimbursement rate" in Colorado?
.555 is the current reimbursement rate if you are using your own car.
"Yes, if you have the appropiate mileage accrued. Mileage rates vary as they are subject to change. The current mileage rate is 45,000 miles to Melbourne, Australia."
What is the federal mileage allowance for car travel to work with non-profit organizations? What if I am a for-profit busiiness hired to work for a non-profit? Do they pay the non-profit rate or the business rate? 20
3%
Use the Federal or ask Accountant but should be .45c per mile
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