IRS building sign and facade in Washington DC (Photo: Diego M. Radzinschi/ALM Media)

The Internal Revenue Service issued the 2022 optional standard mileage rates on Dec. 17. These are used to calculate deductible costs of operating a car, van, pickup or panel truck for business, charitable, medical or moving purposes.

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Michael S. Fischer

Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.