IRS increases mileage rate for remainder of 2022

June 21, 2022 - Reading time: ~1 minute

The Internal Revenue Services announced an increase in the standard mileage rate for the final 6 months of 2022. Effective July 1st, 2022, the standard mileage rate for business travel will be 62.5 cents per mile. ScheduleInterpreter® can help you update your vendor and client rates, before July 1st. All you have to do is reach out to us via Chat or Engage.