Comptroller

Internal Revenue Service Announces Standard Mileage Rate for 2025

The Internal Revenue Service has announced the standard mileage rate for 2025. Syracuse University employees may use this rate to calculate the deductible costs of operating an automobile for business purposes.

Effective Jan. 1, 2025, the standard mileage rate is set at 70 cents per mile for business miles driven (up 3 cents from the 2024 rate of 67 cents per mile).

The rates apply to electric and hybrid-electric vehicles, as well as gasoline and diesel-powered vehicles.

Employees with questions can reach out to the Comptroller’s Office at 314.443.3765.

‘Go Local’ Vendor Fair Held at Drumlins Country Club

The University is hosting a Vendor Fair today as part of its “Go Local” economic initiative. The event will be held from 1 to 4 p.m. at the Drumlins Country Club ballroom.

Local business owners can meet with University purchasing managers to identify opportunities to see how their goods and services can supply the needs of the University.

Go Local is the University’s commitment to leverage the economic power of the institution to improve regional economic inclusion through four key areas: building, hiring, buying and community connections. The initiative seeks to broaden participation of local, minority, women and veteran-owned businesses in construction and service contracting opportunities; expand hiring of local residents, with a focus on neighborhoods in need of job opportunities; and increase economic growth and employment in Syracuse through the University’s purchasing activities.

Read the full story at Syracuse University News.

Updates to Online Approvals in the MySlice Travel and Expense Center

Beginning this week, the University will migrate travel and expense approvals online through the travel and expense portal on MySlice. Paper-based approvals will be entirely phased out by the end of fiscal year 2024, along with paper-based submittal of expense reimbursement reports.

The Comptroller’s Office began the roll out of the online travel and expense portal during calendar year 2022, following campuswide training efforts. The transition to a fully online approval system is the next step in the office’s progression away from manual paper-based processes.

The Comptroller’s Office asks that departments with unique needs reach out directly to discuss accommodations, if needed.

Internal Revenue Service Announces Standard Mileage Rate for 2024

The Internal Revenue Service has announced the optional standard mileage rate for 2024. University employees may use this rate to calculate the deductible costs of operating an automobile for business purposes.

Effective Jan. 1, 2024, the standard mileage rate is set at 67 cents per mile for business miles driven (up 1.5 cents from the 2023 rate of .655 cents per mile).

The rates apply to electric and hybrid-electric vehicles, as well as gasoline and diesel-powered vehicles.

Employees with questions can reach out to the Comptroller’s Office at 315.443.3765.

From the Comptroller: Adjustment to Sales Tax Reimbursement Rules; Updated Travel Policy to Be Issued Later in 2023

Effective immediately, Syracuse University staff and faculty members utilizing a University credit card will no longer need to seek sales tax reimbursement from the vendor if the purchase results in less than $25 in sales tax per transaction. Though employees should continue to request tax-exempt purchases every time they utilize their University credit card, this rule change will eliminate some of the retroactive action necessary to correspond with vendors and request refunds for mistakenly-charged sales tax.

Read the full story on Syracuse University News.

Nationwide Search for New Director of Sponsored Accounting to Begin in February

This week, Syracuse University Comptroller Jean Gallipeau announced the retirement of Cathleen (Cathy) Hayduke, director of sponsored accounting. Cathy’s last day was Jan. 13, which marked the end of her nearly 30-year career at the University. Cathy’s first job at Syracuse was to assist with class registration. She eventually moved on to the Comptroller’s Office, where she held a few different roles before becoming director of sponsored accounting. In that role, she was instrumental in developing partnerships with the research community, including providing instruction and guidance regarding the financial management of sponsored awards to staff and colleagues.

A Key Role to Be Filled

The Office of Sponsored Accounting provides support to the Office of Research related to post-award compliance with sponsored agreements and federal regulations governing sponsored funds. The role of the director of sponsored accounting is essential to promoting an environment of timely and responsive customer service to the campus research community while meeting necessary compliance requirements.

A national search for Cathy’s replacement, led by the senior vice president and chief financial officer, the vice president for research and the comptroller, will begin in February. While the search occurs, Toni Besaw, the assistant director of the Office of Sponsored Accounting, will manage the office in the interim period.

Internal Revenue Service Announces Standard Mileage Rate for 2023

The Internal Revenue Service has announced the optional standard mileage rate for 2023. Syracuse University employees may use this rate to calculate the deductible costs of operating an automobile for business purposes.

Effective Jan. 1, the standard mileage rate is 65.5 cents per mile for business miles driven, up three cents from the 2022 mid-year rate of 62.5 cents per mile. The rates apply to electric and hybrid-electric vehicles, as well as gasoline and diesel-powered vehicles.

Employees who have questions about the mileage rate can contact the Comptroller’s Office at 314.443.3765.

IRS Announces Mid-Year Adjustment to Standard Mileage Rate

In recognition of recent gasoline price increases, the Internal Revenue Service (IRS) has announced an increase in the optional standard mileage rate for the final six months of 2022 —which Syracuse University employees may use to calculate the deductible costs of operating an automobile for business purposes.

Beginning July 1, the standard mileage rates will be 62.5 cents per mile for business miles driven (up from 58.5 cents per mile at the start of the year).

Midyear increases in the optional mileage rates are rare; the last time the IRS made such an increase was in 2011.

Employees with questions can contact the Comptroller’s Office at 314.443.3765.

Local Business Owners, Job Seekers Invited to University’s Go Local Career and Vendor Fair April 28

The University is hosting a Career and Vendor Fair Thursday, April 28, as part of its “Go Local” economic initiative. The event will be held from 3 to 6 p.m. at the Oncenter Convention Center ballroom, lower level, 800 S. State St., Syracuse.

Local business owners can meet with University purchasing managers to identify opportunities to see how their goods and services can supply the needs of the University. Individuals can attend to check out and apply for one of the hundreds of job openings at the University.

Those interested are asked to register for the event.

Read the full story at Syracuse University News.

Message From Comptroller Regarding Paper Paychecks

All paper paychecks dated Wednesday, Dec. 29, 2021, through Friday, Jan. 14, 2022, will be mailed via the U.S. Postal Service. Employees who have not signed up for direct deposit and will therefore receive a paper paycheck should ensure their permanent address is accurate by visiting MySlice and navigating to Employee Home > Personal Profile > Addresses. As a reminder, anyone with a NetID and password is able to set up direct deposit through MySlice. The Payroll Office’s website provides step-by-step instructions on how to enroll in direct deposit.

Please contact Payroll at 315.443.4042, option 2, with any questions.