--Employers
reimburse
employees for
expenses they incure from using their own
automobiles. The given rate is usually set by the
Federal Government to set the amount a company may
claim as a business expense.
The goal is to
encourage employees to use their own automobiles to
do company
business.
.
|
The 2012
Internal
Revenue Service rate is
more than 55 Cents per mile.
That is what it
actually costs
a person to drive their car
each mile when all costs
are included.
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