What is the 2009 federal law current rate for gas mileage reimbursement rate?
Business mileage reimbursement is set by the Internal Revenue Service, a federal agency. The 2009 rate is .55/mile.
From my research, RI does not require mileage reimbursement, though the state uses the federal standard rate which is $0.50 per mile. While most companies do pay mileage reimbursement they are not required to.
above the federal funds rate
above the federal funds rate
Use the Federal or ask Accountant but should be .45c per mile
Business mileage rate .55 cents Moving & Medical rate .23 cents Charitable mileage rate .14 cents
There are more than one rate that can be answered here. In most cases people tend to refer to the rate at which home loans are configured. Currently the rate is .25 and speculation is that in will hold at this rate for quite some time. It is generally believed that when the Federal Government establishes a rate it impacts the American economy.
Effective for 2008 the Illinois mileage reimbursement rate is: .505
The 2009 mileage reimbursement rate in Illinois is .55 per mile.
56.5 cents for business miles.24 cents for medical and moving 14 cents for charitable
As of Jan 2012 the reimbursement rate is .555 per mile. According to Mapquest, which can give you the reimbursement rate from one address to another