University mileage reimbursement rate for 2013
The Internal Revenue Service has announced that the standard mileage reimbursement rate for employees using their cars on university business will be 56.5 cents per mile effective Jan. 1, according to controller Robert A. Liebowitz.
In addition, the rate for deductible medical or moving expenses will be 24 cents per mile, also effective Jan. 1.
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Thursday, December 20, 2012
