Happy New Year! We hope you all had wonderful holidays and are recharged for a successful 2019.
Increases in maximum compensation rates are about as certain as death and taxes. The maximum compensation rate for 2019 is $845.74, which is a $7.53 increase over the 2018 maximum rate. This is the smallest increase in 10 years, so there is a silver lining.
Also, the mileage rate is now 58 cents per mile, up from 54.5 cents in 2018.
As always, feel free to call or email us any time with questions.