Medicare Compliance & Reimbursement
Industry Note:
New Savings for You As the IRS Mileage Reimbursement Rate Drops for CY 2017
Published on Tue Jan 17, 2017
If you base your travel reimbursement to employees on the IRS’s standard mileage rate, you’ll save a little money this year. The Internal Revenue Service rate has ticked down from 54 cents per mile last year to 53.5 cents in 2017, the agency said in a release.
For an overview of IRS mileage changes, visit https://www.irs.gov/uac/2017-standard-mileage-rates-for-business-and-medical-and-moving-announced.
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