New Standard Mileage Rate for 2010
Every year, the Internal Revenue Service releases an optional standard mileage rate. Employers often use this standard to calculate the amount they will reimburse employees for using a personal vehicle in the scope of their employment.
Continue ReadingIRS Increases Mileage Rates Through December 31, 2008
Effective July 1, 2008, the optional standard mileage rate will increase from 50.5 cents per mile to 58.5 cents per mile for determining the reimbursed amount of employee expenses in operating an automobile for business purposes.
Continue ReadingCalifornia Supreme Court Approves Lump Sum Business Expense Reimbursements
On November 6, 2007, the California Supreme Court decided the case of Gattuso v. Harte-Hanks Shoppers, Inc., unanimously holding that employers may satisfy their business expense reimbursement obligations under the Labor Code by increasing salaries and/or commission rates under certain circumstances.
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