Happy new year to all. With the new year comes an updated mileage reimbursement rate for eligible travel. The IRS raised the reimbursement rate from 67 cents to 70 cents per mile.
First, as a reminder, please make sure that all 2024 reimbursement has been claimed as the 2024 accounting books will soon be closed. Moving forward, the expense reports on the website have been updated. If you are submitting for 2024 travel, you can either change the reimbursement rate on the new form to $0.67 per mile, or just let us know it's for 2024 travel and we'll take care of it.
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