Tax News

2023 Mileage Rates

The IRS has issued revised standard mileage rates for the 2023 calendar year, increasing the amount by 3 cents from the second half of 2022 to 65.5 cents per mile. Medical miles remain at 22 cents per mile, and Charitable miles remain unchanged at 14 cents per mile. Be sure to log your miles!

*The above information is presented as news updates, and is not, nor should it be taken as tax advice. Please contact us directly to discuss tax planning specific to your situation and business to address the applicability and consequences of these law changes.