IRS has increased the standard mileage rate as of July 1, 2022

In March 2022, the Firm forwarded its annual, updated information regarding changes in the law concerning minimum wage, IRS mileage allowance and other change.


As a result of the worldwide gasoline shortage, created in part by the Russian attack on Ukraine, the IRS has increased the standard mileage rate from 58.5 cents to 62.5 cents, as of July 1, 2022.

Read the Full March 2022 Alert