Mileage Rate 2024 For Nonprofits. A separate challenge for volunteers is the unfair treatment they receive under federal tax law for the miles they drive on behalf of charitable nonprofits. The internal revenue service recently announced standard mileage rates for 2024.
No matter how nonprofits choose to handle reimbursing for t&e expenses, there are some specific mileage reimbursement rules for employees. A separate challenge for volunteers is the unfair treatment they receive under federal tax law for the miles they drive on behalf of charitable nonprofits.
New 67 Cents Mileage Rate For Business Vehicles.
The charitable mileage rate of $0.14 per mile has not changed since it was fixed in statute in 1997.
Moving ( Military Only ):
The irs mileage rate in 2024 is 67 cents per mile for business use.
Mileage Rate 2024 For Nonprofits Images References :
The Irs Mileage Rate In 2024 Is 67 Cents Per Mile For Business Use.