Archives For mileage rates

It’s that time of year again!

For those of you who track mileage for reimbursement through Expensify, make sure to update your standard mileage rate for 2017 if you’re based in the U.S.

Beginning January 1, 2017, the business standard mileage rate will be 53.5 cents per mile, down from 54 cents per mile in 2016.

Continue Reading…

When we launched the ScanAnywhere API in early 2012, the API and really, Expensify itself,  focused on scanning receipts. Soon after, we added mileage tracking capabilities to Expensify and now about 40% of our report submitters are submitting mileage expenses. At the request of many of our partners, we’ve updated the API to allow apps to pass mileage expenses into Expensify.  Continue Reading…

I know I’m not alone when I say taxes can be confusing. So confusing that the annual changes to the laws and rates has given birth to a 7.7 BILLION dollar tax preparation industry. Whether you have someone do your taxes, or you do them yourself, here’s a couple tips for using Expensify in 2014. Continue Reading…

Attention all Expensify administrators! We’ve just added a subtle new feature, one that has powerful implications: You can now create a mileage rate for everyone in your expense policy.  Check it out!

Setting a mileage rate for your policy

Set a mileage rate for all employees in your expense policy

Any new Expensify account will default to the current IRS mileage rate of $0.555.

For companies on the Team or Corporate plan, visit Settings -> Policies -> [Policy Name] -> Basics to set your company’s mileage rate.  And for individuals, you can update your mileage rate in a new section of our site: Settings -> Preferences -> Mileage.

Whatever rate you choose, all mileage expenses recorded on our website and mobile apps will calculate based on this rate.  Have fun with this new feature!

The IRS has released the new reimbursement rate for mileage in 2010:

• 50 cents per mile for business miles driven
• 16.5 cents per mile driven for medical or moving purposes
• 14 cents per mile driven in service of charitable organizations

The new mileage rates “reflect generally lower transportation costs compared to a year ago.” (IRS)

For now, all current users will need to change their mileage rate in Settings after they have completed their last 2009 expense report. Update your expense mileage by:

  • After logging in, click on Settings
  • Scroll down to “Customize your units”
  • Click “[change]” next to mile, type in “.5” and hit “ok.”

For the visual folks, follow along with the video below to change your mileage rate:

Done! Your expense reports will now be created using the reimbursable mileage rate for 2010.