What is the 2011 federal mileage reimbursement rate?

Answer 1

The federal mileage reimbursement rate for 2011 was set at 51 cents per mile for business travel, as established by the Internal Revenue Service (IRS). This rate applies to the miles driven for business purposes, such as meetings or client visits. The rate is adjusted annually based on factors like fuel prices and operating costs. For medical and moving purposes, a lower rate of 19 cents per mile was also in effect that year.