2024 IRS Business Mileage Rate of 67 Cents Informed by Motus Cost Data and Analysis
Runzheimer
DECEMBER 14, 2023
December 14 , 2023 The Internal Revenue Service (IRS) has unveiled the 2024 business mileage standard rate of 67 cents, leveraging data provided by Motus, the leader in mobile workforce reimbursement solutions. cents from the 2023 mid-year adjustment of 65.5 cents and will go into effect January 1, 2024.
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