http://www.orange-county-accountant.com Focus CPA Group-(562) 281-1040 Fri, 26 Feb 2010 14:13:29 +0000 http://wordpress.org/?v=abc en hourly 1 http://www.orange-county-accountant.com/does-the-irs-set-a-reimbursement-for-mileage-on-company-owned-cars/ http://www.orange-county-accountant.com/does-the-irs-set-a-reimbursement-for-mileage-on-company-owned-cars/#comments Thu, 25 Feb 2010 13:31:08 +0000 admin http://www.orange-county-accountant.com/does-the-irs-set-a-reimbursement-for-mileage-on-company-owned-cars/ I know the current IRS rate for personally owned cars used for business is 50cents/mile. I have a company owned car that I use and get reimbursed 17 cents/mile for business miles. Is that 17 cents a figure that the IRS sets or my company sets? I’m told that it is the IRS but now I am skeptical.

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