IRS Issues Standard Mileage Rates for 2023


business use increases 3 cents per mile On December 29 of last year, the Internal Revenue Service (IRS) issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on January 1, 2023, the standard mileage rates for the use of […]

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