It was announced on 6/14/2022 that mileage will be changing from 0.58 cents to 62.5 cents / mile.
There will be two rates this year and they are broken down as follows:
January 1st– June 30th, 2022, your mileage will be compensated by 0.58 cents a mile.
July 1st-Decemeber 31st 2022 it will be compensated 62.5cents a mile.
In order to receive the maximum mileage benefit be sure to keep two separate records a record of your mileage through June 1st,2022 and a record from July 1st to December 31st,so we have accurate records when tax time arrives.