Industry Notes:
As Gas Prices Hit Record Highs, IRS Increases Mileage Rate
Published on Thu Jun 23, 2022
The question is, what should you do about it? Skyrocketing fuel prices have hit home health and hospice agencies when they’re down, when it comes to staffing. The Internal Revenue Service now acknowledges the increased burden. “For the final 6 months of 2022, the standard mileage rate for business travel will be 62.5 cents per mile, up 4 cents from [...]