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per diem rates

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Ellen RuscoGeneral Articles

What are the IRS 2014 Per Diem Rates for Business Travel?

In late 2014, the IRS issued its updates of special per diem rates for certain business travel expenses incurred by taxpayers in IRS Notice 2014-57.

The IRS Notice includes rate for the following:

  1. 01Meal and incidental expenses
  2. 02Incidental-expenses-only deduction
  3. 03List of high-cost localities for the high-low substantiation method

Reference

AICPA Tax Adviser — 2014 Per Diem Rate Notice

For more information, please contact Thomas Vereecke at (616) 608-8510 ortvereecke@brickleydelong.com.