what is the typical employee mileage reimbursement rate
The standard mileage rate increased this year by 1.5 cents. The new IRS rate is 57.5 cents per mile. A company can reimburse its employees whatever it wants â from zero cents per mile to over the IRS maximum. There is no law mandating how much or how little to reimburse employees. Even if you donât reimburse your employees, they can recover the costs on their taxes.