Irs Mileage Rate 2024 For Nonprofit. The business mileage rate changes from year. Mileage reimbursement for nonprofits refers to the process by which organizations compensate employees, volunteers, or directors for miles driven in service of the.
The charitable mileage rate, set by congress, remains unchanged at 14 cents since 1998. The irs announced that the business standard mileage rate for transportation expenses paid or incurred beginning january 1, 2024, will be 67 cents per mile, up 1.5 cents from 65.5 cents per mile for.
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