Tag: reimbursement

IRS Announces 2024 Mileage Rates
7522
Posted in Compensation

IRS Announces 2024 Mileage Rates

On December 14, the Internal Revenue Service (IRS) announced a slight increase in the 2024 optional standard mileage rates for business use (as this rate…

6654
Posted in Compensation

2023 IRS Mileage Rates Announced

On December 29, 2022, the Internal Revenue Service issued the 2023 optional standard mileage rates, which are used to calculate the deductible costs of operating…