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IRS publishes per diem rates, effective Oct. 1

Thursday, September 28, 2017   (0 Comments)
Posted by: Zach Zuber
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The Internal Revenue Service has published special per diem rates effective Oct. 1, which taxpayers may use to substantiate the amount of expenses for lodging, meals, and incidental expenses when traveling away from home. This notice provides the special transportation industry rate, the rate for the incidental expenses-only deduction, and the rates and list of high-cost localities for purposes of the high-low substantiation method. 

Details are available on the IRS website at this link.

From the Iowa Lawyer Weekly