Certified Public Accountants

Certified Public Accountants

4475 Wilson Ave S.W. • Grandville MI • (616)-530-2929

2022 Facts & Figures

Standard Mileage Rates:

  • 58.5¢ (1/1-6/30) and 62.5¢ (7/1-12/31) per mile for business travel for personally owned or leased vehicles.
  • 18¢ (1/1-6/30) and 22¢ (7/1-12/31) per mile for using a vehicle to get medical care or in connection with a move qualified for moving expense deduction.
  • 14¢ per mile driven in service of charitable organizations.

401(k) Elective Contribution Limit: $20,500

If 50 & Over Catch-up Contribution Limit $6,500

HSA Limits:

  • $3,650 Single
  • $7,300 Family
  • $1,000 Additional Amount if Over 55

Social Security Wage Base $147,000

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4475 Wilson Ave, SW Grandville MI 49418

(616) 530-2929