2023 IRS Mileage Reimbursement Rate

The IRS mileage reimbursement rate is now 65.5 cents per mile, effective January 1, 2023. This is an increase of 3 cents per mile. Click here to read the announcement from the IRS. Review the invoices you submit for payment to ensure you are requesting the current IRS mileage rate.

When Does an IRS W-9 Form Expire?

Illustration of an alarm clock sitting on a stack of tax forms

Your company should require your vendors submit an IRS W-9 form as part of setting up the vendor in your accounting system and before you make payment to the vendor. Once they’ve done that, does the W-9 form expire?