IRS Increases Mileage Rates for 2023
Starting 1/1/23, the IRS has increased the business standard mileage rate as listed below:
- 65.5 cents per mile for business travel – up 3 cents per mile
- 22 cents per mile for medical – no change
- 14 cents per mile for charitable purposes – no change
The following news release from the IRS provides additional details. Please let us know if you have any questions.