The IRS announced changes to the standard business mileage rates for calendar year 2013. Beginning January 1, the standard business mileage reimbursement rate for personal vehicle use on approved University business will increase from 55.5 cents to 56.5 cents per mile. The standard mileage rate for moving expenses will increase from 23 cents to 24 cents per mile.
Business mileage incurred in 2012, but reimbursed in 2013, should be reimbursed using the 2012 mileage rates.
Visit the Finance and Planning section of the Extension intranet to download updated employee expense worksheets and for more information about University expense and travel reimbursement.