The IRS Increased the Mileage Rate for the Rest of 2022
On June 9, 2022, the IRS announced that they would make a mid-year mileage rate change to combat the much higher-than-normal gas prices. If you qualify for mileage deductions, this could help you trim your 2022 tax bill. From July 1 through December 31 of 2022, the standard mileage rate…