02/11/2023
The IRS has announced that the 2023 business standard mileage rate is increasing. Businesses can expect that change to take effect this month.
The IRS has announced that the 2023 business standard mileage rate is increasing to 65.5 cents, up 3 cents from the 2022 midyear adjustment of 62.5 cents. The change took effect Jan. 1.