The U.S. Internal Revenue Service on Tuesday announced the standard per-mile reimbursement rate for business use of personal vehicles would be 57.5 cents for next year, but your company doesn't have to use it. The 2019 rate is 58 cents per mile.
As an alternative, firms sometimes can save by deducting actual expenses such as depreciation or lease payments, gas, oil, tires, repairs, tune-ups, insurance and registration fees. Automation enables accuracy and reduces the time employees need to spend on . . .