2023 sees 3% increase in Federal Mileage Rate

During the last 3 months of 2022, the IRS made a decision to increase the mileage rate from $0.58/mile to $0.625/ mile to help cover the effects of rising gas prices. Beginning January 1st, 2023, the mileage rate increased 3% to $0.655/mile for business use.

IRS issues standard mileage rates for 2023; business use increases 3 cents per mile | Internal Revenue Service

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