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I wonder if we are going to get a Mid-Year Mileage adjustment


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Several years ago, when the price of gas spiked like this, the IRS made a mid year adjustment to the mileage rate.   Wonder if they will do it again?   I wonder if we will get to $1 per mile soon on the mileage rate.

Tom
Longview, TX

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I've heard from one of my professional groups that the IRS is considering a mid-year mileage adjustment. That will be so much fun breaking out mileage (that clients pull out of the air anyway) into the before rate and the after rate. I use MileIQ, so I have the my dates, and urge my clients to use it or a similar app or notes on their calendar (paper or electronic) or a paper log, but we all know which ones will not follow our directions.

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