We understand that keeping up with complicated HR policies can be challenging. This is why we provide, HR Alerts, so you can get the latest news in a digestible form. Get the most recent update from the IRS on the 2023 standard mileage rates.
On Dec. 29, 2022, the IRS announced the 2023 optional standard mileage rates, which are used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
This HR Alert outlines lists all of the different 2023 optional standard mileage rates. If you want some additional information, you can learn more here.
As we receive new information, we will continue to keep you informed. If you have any questions, please reach out to your Hopkins Group consultant, or contact us here.
