Did you know?

As gas prices continue to rise, the Internal Revenue Service is increasing the "optional standard mileage rate" used to calculate tax deductions by 4 cents a mile for the last six months of 2022.. Driving the news: The "special adjustment" starts July 1 and brings the IRS rate to 62.5 cents per mile. It comes after a 2.5-cent increase went into effect in January and represents the first mid ...Beginning January 1, 2022, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 58.5 cents per mile driven for business use, up 2.5 cents from the rate for 2021; 18 cents per mile driven for medical, or moving purposes for qualified active-duty members of the Armed Forces, up 2 cents from the rate for ...Chart and table of population level and growth rate for the Kansas City metro area from 1950 to 2023. United Nations population projections are also included through the year 2035. The current metro area population of Kansas City in 2023 is 1,725,000 , a 0.82% increase from 2022.Fatal crash totals. There were 39,508 fatal motor vehicle crashes in the United States in 2021 in which 42,939 deaths occurred. This resulted in 12.9 deaths per 100,000 people and 1.37 deaths per 100 million miles traveled. The fatality rate per 100,000 people ranged from 5.7 in Rhode Island to 26.2 in Mississippi.SUMMARY: FY 2023 Private Reimbursement Mileage Rates . On December 29, 2022, the Internal Revenue Service (IRS) released increased standard mileage rates effective January 1, 2023. However, K.S.A. 75-3203a provides that the mileage reimbursement rates shall not exceed the lowest of the following: the rate allowed by the IRS;The IRS has announced that a mileage rate used for certain tax purposes will increase in 2022 from 56 cents per mile to 58.5. GSA typically, but notMileage rates vary based on a number of factors and may change, even daily (rates are lowest Sunday through Thursday). But in general, average mileage fees are between $.59 and $.99 per mile driven. If additional miles/days are needed, we offer special rates on cargo van and pickup truck rentals. Be sure to choose the right size truck for your ...WalletHub selected 2023's best car insurance companies in Kansas City, MO based on user reviews. Compare and find the best car insurance of 2023. WalletHub makes it easy to find the best Insurance Companies online. Comparing car insurance c...State Mileage Reimbursement Rate has decreased to $0.56 cents per mile effective Jan. 1, 2021 - DEC. 31, 2021. This rate is consistent with the Internal Revenue see Service's standard mileage rate.Update to the Federal Mileage rate . On December 30, 2022 the Internal Revenue Service (IRS) announced an increase to the federal mileage rate. The federal rate for business use has increased by 3 cents. The federal rate for business use has been at 62.5 cents since July 1, 2022, and now is 65.5 centsBeginning July 1, 2022, the standard mileage rate for business travel will be 62.5 cents per mile, up 4 cents from the 58.5 cents-per-mile rate effective for the first six months of the year. The IRS also announced an increased standard mileage rate for medical driving and moving for members of the military.Jul 21, 2022 · The standard mileage rate for computing the deductible costs of operating an automobile for charitable purposes is set by statute and remains unchanged. For July 1, 2022, to December 31, 2022, the standard mileage rates are as follows: Business use of auto: 62.5 cents per mile (up from 58.5 cents for January 1, 2022, to June 30, 2022) may be ... Beginning on January 1, 2022, the standard mileage rates for the use of a car, van, pickup or panel truck will be: 58.5 cents per mile driven for business use, up 2.5 cents from 2021 rates, 18 cents per mile driven for medical, or moving purposes for qualified active-duty members of the Armed Forces, up 2 cents from 2021 rates, and.Kansas Motor Fuels Tax Rates Changes—1925-2021 Effective Date Gasoline Diesel 1925 2¢ -- ... of January 2022, accessed January 23, 2022. Kansas Legislative Research Department 5 Kansas Motor Fuel Taxes and Fuel Use January 25, 2022. Title: Kansas Motor Fuel Taxes and Fuel Use Author:The rates are used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning January 1, 2023, the new 2023 mileage rates will be: 65.5 cents per mile driven for business use, up 3 cents from the midyear increase setting the rate for the second half of 2022.

Mar 20, 2023 · For the 2022 tax year, the IRS approved the following standard mileage rates: — Business: 58.5 cents per mile from Jan. 1, 2022-June 30, 2022 and 62.5 cents per mile from July 1, 2022 — Dec ... standard business mileage rate established by the Internal Revenue Service. Beginning on July 1, 2022, the Internal Revenue Service rate will be 62.5 cents per mile (IRS Announcement 2022- 13). Effective July 1, 2022, the new mileage reimbursement rateto claimants to and from a place of medical attention is 62.5 cents per mile.Beginning January 1, 2022, standard mileage rates for car usage (including vans, pickups, or panel trucks) will be: 58.5 cents per mile driven for business use. This …Workers Compensation Mileage Reimbursement Notice Per K.S.A. 44-515 the mileage reimbursement rate should be paid as prescribed for compensation of state officers & employees under K.S.A.75-3203a by the Secretary of Administration. Travel to obtain medical services on or after July 1, 2023, shall be reimbursed at the rate of 65.5 cents …

The IRS has announced that the standard mileage rate that can be used by delivery and rideshare drivers has increased from 58.5 cents per mile to 62.5 cents per mile. The four cent per mile increase is effective July 1, 2022. This is not the first time that rates have increased.Mileage Rate Update - January 2022. [email protected] | December 29, 2021. Effective Jan. 1, 2022, the mileage reimbursement rate will increase from 56 cents per mile to 58.5 cents a mile for all business miles driven from Jan. 1, 2022 through Dec. 31, 2022.The business mileage rate for 2023 is 65.5 cents per mile. You may use this rate to reimburse an employee for business use of a personal vehicle, and Jan 5, 2023. ... ployee compensation paid in 2022. The 2022 Form 1099-NEC is due January 31, 2023. Additional permitted election changes for health cov-erage under a cafeteria plan. Notice 2014-55 ...…

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. The Veterans Medical Mileage Adjustment Act of. Possible cause: The 2022 business mileage standard rate increased by 2.5 cents from the previo.