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2012 Mileage Rate

IRS Mileage Rate for 2012

The Internal Revenue Service has announced the standard mileage reimbursement rate is still 55.5 cents per mile effective January 1, 2012.  Accordingly, Southwestern’s standard mileage rate will be 55.5 cents per mile effective the same date.  This rate applies to reimbursement for all approved travel in personally owned vehicles.

 

Thanks,

 

Brenda Thompson, CPA

Controller

Southwestern University

(512) 863-1956