Runzheimer released TrueCPM, a patent-pending algorithm that calculates a cent-per-mile rate based on state-specific elements like gas prices, insurance rates and types of roads. TrueCPM, for which ...

Driving can be more than just a part of your daily routine — it can also give you a deduction on your tax return. If you drive as part of your business, while volunteering for a charitable ...

In accordance with the IRS mileage deduction allowance, reimbursement for mileage incurred during business travel is a benefit that many employers offer, and if your employees travel by car frequently ...

When employees use their personal vehicles for work-related travel, they incur considerable expense. Typically, it's in the employer's best interest to pay a mileage reimbursement allowance to attract ...

An employee may use their personal car for business travel purposes, and the university will reimburse employees at the prevailing rate per mile. The mileage reimbursement on a privately-owned vehicle ...