The obm travel rule governs the rates and requirements for payment reimbursement of travel expenses. For mileage reimbursement 2024, the standard rates set by the irs for employees using their vehicle for “business, charitable, medical or moving purposes”.
These new funds will support rate increases of around 30.81% from current rates for most services as of january 1, 2024 and 38.08% from current rates as of july 1, 2024. This rate reflects the average car operating cost, including gas, maintenance, and depreciation.
Current Mileage Reimbursement Rate 2024 Ohio Images References :