Daily Archives: January 22, 2021

Employee Benefit Trends for 2021

Good news, not all trends are pandemic related!  Many of the 2021 employee benefit trends are related to employee issues that have arisen due to the COVID-19 pandemic, such as accommodating employees working remotely and keeping employees healthy and productive during these challenging times.  While some of these benefit trends will fade when the pandemic does, others may become the “new normal” in employee benefit programs.   According to a 2019 Employee Benefits Survey administered by […]

IRS Lowers Standard Mileage Rate for 2021

The business mileage rate will be $0.56 cents per mile   For 2021, standard mileage rates for the use of cars, vans, pickups, or panel trucks will be:   $0.56 cents per mile driven for business use, down from $0.575 cents in 2020.  $0.16 cents per mile driven for medical or moving purposes, down from $0.17 cents in 2020.  $0.14 cents per mile driven in service of charitable organizations, which remains unchanged.  While the standard mileage rates […]