![IRS standard mileage rate 2024](https://www.papertrails.com/wp-content/uploads/2023/01/Blog-Post-Background-88-300x150.png)
IRS increases standard mileage rate for 2024
With business laws also evolving, staying up-to-date on changes to certain rules crucial for small to medium-sized business owners and HR professionals. Recent studies show that a significant portion of business expenses goes towards transportation costs, making it essential to stay updated with the latest IRS standard mileage rate changes.