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Category results for: Mileage

๐Ÿš— IRS Mileage Rate Update for 2026

Beginning January 1, 2026, the IRS standard mileage rate has increased to 72.5 cents per mile, reflecting a 2.5-cent increase from the 2025 rate. This updated rate has already been applied in Emburse/Chrome River, so mileage reimbursements submitted for travel on or after January 1, 2026 will calculate automatically using the new rate. For additional […]

IRS Announces Increased Mileage Rate for 2025!

Great news for all business travelers! Starting January 1, 2025, the IRS has increased the standard mileage rate for business use to 70 cents per mile, up from 67 cents in 2024. This adjustment reflects the rising costs of operating a vehicle and ensures that employees are fairly compensated for their travel expenses. Happy (business) […]