WASHINGTON - The new IRS mileage reimbursement rate reflects an increase of 1 cent, up from 55.5 cents per mile in 2011 and 2012.
IRS 2012 Business Mileage Rate Unchanged From July 2011
WASHINGTON – The IRS announced the optional standard mileage rate for business use of a vehicle is unchanged from the rate announced in July 2011, at 55.5 cents per mile.