Category: Secretary of treasury

Driving in to 2018 | PA Benefit Advisors

Jan 3, 2018

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by

LR Webber

in benefits, budgets, Employees, Employers, Financial Planning, Financial Wellness, IRS, Latest News, parking, Pennsylvania, Philadelphia, President Trump, Reporting, Secretary of treasury, tax law, Workplace

How Changes to the Mileage Reimbursement Rate and Qualified Transportation Benefits Will Impact Employers in 2018 On December 14, 2017, the Internal Revenue Service released the 2018 standard mileage rates used to calculate deductible costs of operating vehicles for business purposes. The rate increased by one cent from 53.5 cents in 2017 to 54.5 cents…