IRS Releases Standard Mileage Rates for 2023

The Internal Revenue Service released its 2023 Standard Mileage Rates.  As of January 1, 2023, the standard mileage rates for business use of a car (including vans, pickups, or panel trucks) will be 65.5 cents per mile, up 3 cents from the midyear increase setting the rate for the second half of 2022.

Click here to read the IRS notice on 2023 standard mileage rates.