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Mileage Reimbursement Rate Increases Starting July 1

Mileage Reimbursement Rate Increases Starting July 1

by Kimone Johnson | Jun 14, 2022 | Bookkeeping for Business, Business Tips, Tax Tip

Reading Time: 2 minutesThe Internal Revenue Services (IRS) has recently announced that there will be an increase in the mileage reimbursement rate come July 1, 2022. Below, we explain what exactly this rate is, the increased amount and how to apply it. What is the...

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