2023 Standard Mileage Rates

The IRS has released the standard mileage rates for 2023.  Beginning on January 1, 2023 mileage rates are as follows:

65.5 cents per mile for business (62.5 cents for the second half of 2022)

22 cents per mile for medical or moving purposes (22 cents for the second half of 2022)

14 cents per mile for charitable purposes (14 cents in 2022)

Contributed by: Carrie Minnich, MAcct, CPA | Partner | DWD CPAs & Advisors

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Disclaimer: The information contained in Dulin, Ward & DeWald’s blog is provided for general educational purposes only and should not be construed as financial or legal advice on any subject matter. Before taking any action based on this information, we strongly encourage you to consult competent legal, accounting or other professional advice about your specific situation. Questions on blog posts may be submitted to your DWD representative.