Mileage reimbursement is the process of compensating employees who use their personal vehicle for business purposes. It helps cover car-related expenses like gas, maintenance, wear and tear, and more.

One fast tax tip to review before filing your 2024 federal income tax return is the IRS mileage rate.. It's a much-talked-about deduction, but it's also a tax break that stalls out for plenty of ...

The 2024 standard mileage rate for business use of a vehicle is 67 cents a mile. Need a break? Play the USA TODAY Daily Crossword Puzzle. More: Guide to 2024 taxes: W-2 arrival dates, 1099-K form ...