The IRS has approved an increase in the Standard Mileage Rate for the New Year 2024.
The new rate is 67 cents per mile, an increase of 1.5 cents from 2023.
Church Treasurers and Pastors serving churches can use this new rate on any account reimbursable vouchers for the auto allowance.
For more and complete information, please visit the IRS website.
If you need help setting up an account reimbursable system for auto expenses, please contact Ken Hockenberry.