IRS Sets Standard Mileage Rates for Use of a Vehicle in 2023 by Steven Rubin, CPA
Posted on March 23, 2023 by Steven Rubin
With the start of a new year, the IRS announced the inflation adjustments taxpayers may use to determine the deductible costs of operating a motor vehicle for business, charitable and medical purposes. Alternatively, taxpayers may calculate these deductible expenses based on the actual costs they incur to use their vehicles. Effective Jan. 1, 2023, the […]