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Posted

I know there is a AAA rate...Anybody know what that currently is? And does it differ state-to-state?

 

Last I knew of, it was low-to-mid $0.40 range...That was a few years ago. Has to be in the mid-.50's now, right?

Posted

I don't believe there is any mandate for mileage reimbursement, but most companies set their policy at the standard IRS rate (currently $.505) and adjust it annually.

 

Remember, if you get less than the standard rate you can deduct the difference.

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