The IRS just issued the new mileage rates for 2019. The 2019 mileage rate has increased from 54.5 cents per mile to the new rate of 58 cents-per-mile.
This is notable because the tax reform/Tax Cuts and Jobs Act eliminated the miscellaneous itemized deduction for unreimbursed employee travel. To see all of the rate changes for 2019 please visit IRS newsroom.
If you are looking for alternatives to the IRS mileage rate feel free to contact us or visit mburse.com/solutions today.