The IRS rate for business travel will be $0.51 in 2011.
The presbytery reimbursement rate is half the IRS rate for business travel. Therefore, the 2011 presbytery rate will be $0.255 per mile for one person in the auto and $0.295 for two or more.
If the number of presbytery miles is an odd number I will try to round to the next cent if the result would be an even number and remain as the lower number to maintain an even number.
Wednesday, December 15, 2010
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