2024 tax mileage rate

Stay updated with the IRS 2024 standard mileage rates: 67¢ per mile for business use, 21¢ for medical or moving purposes (active-duty military), and 14¢ for charitable driving. Learn how these rates impact your tax deductions and explore options like the Fixed and Variable Rate Allowance (FAVR) plan for accurate reimbursements. Maximize your tax savings by understanding the latest mileage rates and reimbursement methods.