Lower Reimbursement for Business Use of Your Airplane | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.06.24

Airborne-NextGen-04.30.24

 Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Fri, Jan 17, 2003

Lower Reimbursement for Business Use of Your Airplane

GSA Lowers Mileage Reimbursement Rate

If you are a federal employee, and you use your own airplane for government business, you won't be reimbursed as much as you were in 2002, the GSA says.

In 2002, if you were lucky enough to be flying yourself, you may recall the lusty figure of 97.5¢ per mile traveled; now, that's been reduced to 95.5¢.

The change is due to the IRS's assessment of the per-mile costs of operation. In case you hadn't noticed, flying is cheaper now...

Don't feel bad: if you were riding your motorcycle for government business, you'd be getting just 27.5¢ per mile, as opposed to the more-profligate 28¢ cents paid last year. [Let's see: the IRS thinks it's less than 3 1/2 times as expensive to fly, as to ride. That's realistic, right? Answer: it's as realistic as the rest of the IRS... --ed.]

FMI: www.irs.gov

Advertisement

More News

ANN's Daily Aero-Linx (05.04.24)

Aero Linx: JAARS Nearly 1.5 billion people, using more than 5,500 languages, do not have a full Bible in their first language. Many of these people live in the most remote parts of>[...]

NTSB Final Report: Quest Aircraft Co Inc Kodiak 100

'Airplane Bounced Twice On The Grass Runway, Resulting In The Nose Wheel Separating From The Airplane...' Analysis: The pilot reported, “upon touchdown, the plane jumped back>[...]

Aero-News: Quote of the Day (05.04.24)

"Burt is best known to the public for his historic designs of SpaceShipOne, Voyager, and GlobalFlyer, but for EAA members and aviation aficionados, his unique concepts began more t>[...]

Aero-News: Quote of the Day (05.05.24)

"Polaris Dawn, the first of the program’s three human spaceflight missions, is targeted to launch to orbit no earlier than summer 2024. During the five-day mission, the crew >[...]

Read/Watch/Listen... ANN Does It All

There Are SO Many Ways To Get YOUR Aero-News! It’s been a while since we have reminded everyone about all the ways we offer your daily dose of aviation news on-the-go...so he>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.06.24: Gone West-Dick Rutan, ICON BK Update, SpaceX EVA Suit

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Airborne Affordable Flyers 05.02.24: Bobby Bailey, SPRG Report Cards, Skydive!

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC