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    Post: Gas reimbursment instead of mileage?

    Posted by Bradley on 1/13/10


    I recently accepted a job in my hometown, we'll call
    it "City A". However, I am required to travel to the
    Corporate office 3 days per week in "City B", which is 220
    miles (each way). The other 2 days I work at the office
    in my hometown. The original agreement was the company
    will reimburse my mileage at .55 per mile. After a month
    of travel, the company has realized how much it's costing
    them for my weekly travel to corporate. The CEO just
    informed me they are now implementing a policy where the
    company will ONLY reimburse gas (with receipt). They will
    not pay a mileage rate. My question: how will I be
    compensated for wear & tear, depreciation, maintenance,
    higher insurance costs, etc.? Will it benefit me at tax
    time or will I loose a lot of money? I expect I'll travel
    about almost 23,000 business miles this year for the
    firm. HELP!

    Posts on this thread, including this one
  • Gas reimbursment instead of mileage? , 1/13/10, by Bradley.
  • Re: Gas reimbursment instead of mileage? , 2/09/10, by N Ashley.


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