IRS Increases Mileage Rate

If you are keeping track of your travel expenses for your taxes, the IRS has made an update to the standard mileage rate for the final 6 months of 2022. From January 1st through the end of June, the standard mileage rate has been 58.5 cents per mile.  As of July 1st, that rate will increase 4 cents to 62.5 […]

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