Accounts Payable - Standard Mileage Rate increases
The Internal Revenue Service has increased the standard mileage rate for business miles driven to 56.5 cents per mile. This new rate is effective for trips on or after January 1, 2013. The Accounts Payable office will update the travel expense reimbursement form shortly. For those travel expense forms that are in process, the Accounts Payable office will make the correction and reimburse at the higher rate.
For more information:
Contact Vickie Howery at firstname.lastname@example.org