What are the limits the IRS has established for Per-diems?
The summer business travel season is in full swing. The IRS guidelines for Per Diem are;
lodging, meals and incidentals-$246 per day in high cost areas, $148 elsewhere. Meals and incidentals only $58 in high cost areas, $45 elsewhere. Self employed on travel must document their travel separately, but can use the rate for meals.
If you have further questions please call 303-466-7864.