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 04.23.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.23.14 **
** Airborne 04.21.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.21.14 **
** Airborne 04.18.14--CLICK HERE! ** HD iPad-Friendly Version--Airborne 04.18.14 **

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

Luftwaffe Ju 52 Discovered On The Bottom Of The Black Sea

Plane Disappeared 67 Years Ago On Transport Mission To The Eastern Front A plane missing since 1942 has been discovered in about 75 feet of water in the Black Sea has been identifi>[...]

AD: British Aerospace Regional Aircraft Airplanes

AD NUMBER: 2014-07-09 PRODUCT: British Aerospace Regional Aircraft Jetstream Series 3101 and Jetstream Model 3201 airplanes.>[...]

AD: Airbus Airplanes

AD NUMBER: 2014-08-04 PRODUCT: Certain Airbus Model A310 series airplanes.>[...]

ANN's Daily Aero-Linx (04.24.14)

South Bay Soaring Society The South Bay Soaring Society (SBSS) is a non-profit radio controlled glider club based in San Jose, CA. They have flying sites in San Jose, Santa Clara, >[...]

ANN's Daily Aero-Term (04.24.14): Dew Point (Abbrev. DWPT)

A measure of atmospheric moisture. It is the temperature to which air must be cooled in order to reach saturation (assuming air pressure and moisture content are constant).>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC