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Latest Blog Article | January 23rd, 2023

IRS Announces Higher Mileage Rates for 2023

On December 29, 2022, the IRS increased the standard mileage deduction rate for vehicles used for business in 2023 to 65.5 cents. This is a 4.5% increase over the rate it announced in June, which was itself a 6.4% increase…

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