NEW IRS Mileage Rates for 2024
The IRS just announced the per-mile reimbursement rates for 2024. Beginning January 1, 2024, here are the new rates for the following business categories: 67 cents per mile driven for standard business use [an increase of 1.5 cents from 2023]. 21 cents per mile driven for qualified active-duty Armed Forces members for medical travel or for moving purposes [a decrease of 1 cent from 2023]. 14 cents per mile driven in service of charitable organizations. […]