IRS is increasing the deductible mileage rate
Rich Lipton CPA/CFF
Rich Lipton CPA/CFF
Senior Partner, Lipton CPA Associates; We answer the questions you didn't know you needed to ask
The IRS is increasing the deductible mileage rate to 62.5 cents per mile effective 7/1/22. Since proper documentation is required, we have developed a sample mileage log for our clients. For a copy, email us at [email protected].