2024 Irs Mileage Reimbursement Rate Increase. Irs mileage rate 2024 increase. The irs has set the rate at 67 cents per business mile, an increase of 1.5 cents.

The irs has announced the new standard mileage rates for 2024. Companies are looking for alternatives with the 2024 irs standard mileage rate for business use increasing to 67 cents per mile.