Each year the IRS updates the reimbursable mileage rate for business travel to reflect the costs for operating a vehicle. With prices going up, you are now able to claim $0.51 per mile travelled in 2011. Check out the full details on the rate change at IRS.gov.
Missed logging a few trips this past year? We’ve got plenty of ways for you to make up for it this year!
Log mileage…
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From your phone!
Get any of our mobile apps and log your travel by entering in miles as the merchant and how far you drove as the amount.
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With an email!
Add how far you traveled and the word miles to the subject line of an email and shoot it off to receipts@expensify.com.
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With a map!
Create a new mileage expense directly from our site and click to show the map – enter in your start, end and any points in between to recreate a visual receipt for your travel.
However you choose to log your miles, we’ll make sure they’re converted to the rate you specify on the preferences tab of your settings page. For everyone still working on your 2010 expenses – make sure to update the mileage rate for the new year once you’re done!
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