Kathryn Bruns, CPA

Jan 2, 20231 min

2023 business mileage deduction

Continuing the increase trend due to inflation, the mileage allowance has increased to 65.5 cents per mile beginning 1/1/2023. Medical and moving related mileage and charitable related mileage remains the same at 22 cents and 14 cents per mile, respectively. Happy New Year and happy "tax preparation" season !

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