IRS Updates Gas Mileage Rate

The IRS announced updated rates for gas mileage reimbursement for 2023. Starting January 1, 2023, the standard mileage rate for business travel is 65.5 cents per mile, a 3 cents per mile update from the July 2022 update.

The reimbursement rate for medical or moving purposes was kept at 22 cents per mile, and the rate for charitable organizations also remained unchanged at 14 cents per mile.

With the continued increase in costs associated with vehicles, agencies must set their own policy regarding reimbursement to employees utilizing their own vehicle.