Irs Mileage Rate 2024 Non Profit

Irs Mileage Rate 2024 Non Profit. As 2024 unfolds, one key topic both for individuals and businesses is the irs mileage rate. Mileage reimbursement for nonprofits refers to the process by which organizations compensate employees, volunteers, or directors for miles driven in service of the.

On december 14, 2023, the agency announced the following rates for 2024 business travel: Under current irs regulations, nonprofits can reimburse charitable mileage at the rate of 14 cents per mile.