@AuburnHarleyMama wrote:
Now that the beloved CAST has ironed out some of their wrinkles, does anyone care to share any thoughts or concerns regarding things that you have discovered? Or your thoughts that may enlighten others on what to avoid, or to just add your thoughts Re: CAST? I'll start, because I happen to be concerned about a good many things that maybe someone can put to rest...
1. How is it that a company gets away with paying .30 per mile when the federal mandated reimbursement for mileage is .54 per mile?
》》 Try as I might, I am unable to locate information on how businesses are allowed to reimburse less than the IRS mandated reimbursement amount.
Hi AuburnHarleyMama,
I have merchandised since 2007, and as far as mileage goes, no company has to reimburse us anything in mileage.
IF they choose to do so, they can set whatever rate they wish to reimburse us. I worked for two different companies, one paid .36/mile, the other .33/mile, which was nice come paycheck day! The IRS reimbursement comes in ONLY WHEN you file your taxes.......so if you are paid .30/mile, and the IRS rate is .54, come tax time, you are allowed to deduct the other .24/mile on your taxes for the miles driven for that particular company, and at least get something back that you can use to offset your income. If the company doesn't want to pay ANY mileage reimbursement (and I worked for several under that scenario as well), then come tax time, you can deduct ALL your mileage for the miles you worked that that company, and claim the full .54/mile (or whatever it is each year) on your taxes. When I worked for the 2 different companies with 2 different rates, it was tricky trying to find out the remainder of the IRS rate allotted to me, that's for sure!!! Hope this helps! (I can't answer any other questions regarding CAST....never worked for them, only for CASTFORCE a little bit, back before they closed shop).