Important news and information.

New Mileage Rates Announced

On December 15, 2023, the IRS released the optional standard mileage rates for 2024 in Notice 2024-8. Most taxpayers may use these rates to compute deductible costs of operating vehicles for business, medical, and charitable purposes. The 2024 standard mileage rates are:
  • 67 cents per mile for business uses;
  • 21 cents per mile for medical uses; and
  • 14 cents per mile for charitable uses.
Please contact your Sisterson representative if you have any questions.


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