Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $16,245
20%  
Woo hoo!! And we're now over 20%!! Thank you all very much!! God bless.

Keyword: ir2022124

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  • IRS increases mileage rate for remainder of 2022

    06/09/2022 3:17:01 PM PDT · by DFG · 38 replies
    IRS.GOV ^ | 06/09/2022 | IRS
    WASHINGTON — The Internal Revenue Service today announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes. For the final 6 months of 2022, the standard mileage rate for business travel will be 62.5 cents per mile, up 4 cents from the rate effective at the start of the year. The new rate for deductible medical or moving expenses (available for active-duty members of the military) will be 22 cents for...