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IRS Raises Standard Mileage Rate for 2022

Dec 21, 2021

Effective Jan. 1, 2022, the optional standard mileage rate used in deducting the costs of operating an automobile for business purposes will be 58.5 cents per mile, the IRS announced in Notice 2022-03 on Dec. 17. (Read More)

Article By: Stephen Miller, CEBS SHRM

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