Update to IRS Mileage Rate- Employee Reimbursements
Hello! There has been a change to the IRS mileage rate for employee travel regarding expense reimbursements. Effective January 1st, 2024, the rate will increase from 65.5 to 67 cents per mile if a state vehicle is not available. If a state vehicle is offered but the employee declines and travels in his or her own vehicle, the reimbursement rate […]