Please note new standard mileage rate

The Internal Revenue Service has issued the 2016 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business.

Beginning on Jan. 1, 2016, the standard mileage rates for the use of a car will be 54 cents per mile for business miles driven, down from 57.5 cents for 2015.

Please make sure you use the correct/current Expense Reimbursement Request Forms. Turn in separate sheets for 2015 and 2016 mileage. These forms are found at this link.

Please contact Matt Hammar at ext. 2162 or Jen Klapp at ext. 2170 with questions.

This entry was posted on Wednesday, January 13th, 2016 at 9:34 am and is filed under Newberg employee news, Portland employee news. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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