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IRS updates

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

For more information, please visit the referenced article or contact Thomas Vereecke at (616) 608-8510 or tvereecke@brickleydelong.