Category Archives: Mileage Reimbursement

IRS ANNOUNCEMENT: MILEAGE REIMBURSEMENT RATE INCREASES FOR THE FINAL SIX MONTHS OF 2022

The Internal Revenue Service (IRS) announced an increase in the mileage reimbursement rate for the second half of 2022. The standard mileage reimbursement rate for all business-related travel will be 62.5 cents per mile from July 1, 2022 to December 31, 2022. The mileage reimbursement rate was previously 58.5 cents per mile—meaning it is increasing […]