Announcement: IRS Mileage Rate Change


Audience:Campus
Description

Effective January 1, 2023 the IRS has increased the mileage reimbursement rate to .655 cents per business mile. The IRS has changed the reimbursement rates a couple of times this year.  Miles driven from January 1 through June 30, 2022 will be reimbursed at .585 cents per mile.  Miles driven from July 1 through December 31, 2022 will be reimbursed at .625 cents per mile.