How This Impacts Mobility
Companies will need to adjust their benefits models to reflect the new rates. As noted, except for some active duty military, use of a car in moving is no longer deductible. Companies will need to adjust their reimbursement policies accordingly and decide whether to use the standard rate or some other rate. Similarly, unreimbursed travelers will no longer be able to deduct automobile expenses, and companies may want to re-examine their reimbursement policies as a result.