Mileage rate increases to 67 cents a mile, up 1.5 cents from 2023 Washington – The Internal Revenue Service (IRS) today issued the 2024 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning Jan. 1, 2024, the standard mileage rates for the … Continue reading IRS issues standard mileage rates for 2024