IRS Increases Mileage Rate

By now, we have all taken notice to the increase in gas prices. Let’s be honest, gas prices have skyrocketed. Thankfully, the IRS has taken notice and acted on this issue. Effective July 1st the mileage rate is now 62.5 cents per mile, up 4 cents from 2021. To break this down into dollars, let’s […]

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