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IRS STANDARD MILEAGE RATE INCREASES FOR 2024
Jan 4, 2024
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If you get reimbursed by your employer for business use of your personal auto, this one's for you...
Effective Jan 1, the standard mileage reimbursement rate is 67 cents/mile, up from 2023's 65.5 cent/mile. Up 1.5 cents. You may want to check with your HR department to make sure you're getting paid the new larger amount.
If you have questions, please let me know.
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