Change to mileage reimbursement rate for 2016

01/08/2016 - The IRS has posted the 2016 Standard Mileage Reimbursement Rate effective January 1, 2016. The rate is now 54 cents per mile for business miles driven. This is down from 57.5 cents for 2015. The standard mileage rate is based on an annual study of the fixed and variable costs of operating an automobile. The updated reimbursement form can be found on SCOE's Policies and Forms page.