IRS Increases Some Standard Mileage Rates for Second Half of 2022 by Steven Rubin, CPA
Posted on September 23, 2022 by Steven Rubin, CPA
To account for persistent inflation and higher fuel prices, the IRS raised some of the standard mileage rates taxpayers may use to calculate the deductible costs of operating cars, vans or trucks for business, charitable, medical or moving purposes during the final six months of 2022. Taxpayers also have the option to calculate these deductible […]