2017-12-14 -- 2018 Standard Mileage Rate 54.5 cents

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The Internal Revenue Service announced today that the 2018 Personal Mileage Reimbursement Rate will be raised to  54.5 cents per mile, an increase of 1 cent from the rate for 2017.

The Employee Reimbursement System has been updated with the new rate and effective date.  All expenses for personal mileage with travel dates on or after January 1, 2018 will be automatically calculated in SAP Concurusing the new rate.