Household Payroll and Tax Experts
Since 1995
Call Now

Nanny Payroll and Tax Information and News

Back to all Articles

2021 IRS Mileage Rate

The IRS has set the standard mileage rate for 2021 at 56 cents per mile.  This is a decrease from 57.5 cents in 2020.  Per the IRS announcement, “the standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile.”  Employers are not required to pay the IRS mileage rate and can pay a higher or lower rate based on the actual costs for the employee using their vehicle.  The full IRS announcement can be found below:






Click for the BBB Business Review of this Payroll Service in Greenwood Village CO

Member of the American Payroll Association