IRS Increases Per Diem Rate For Business Travel
September 24, 2024
Courtesy of Pixabay
Every year, the Internal Revenue Service (IRS) announces special per diem rates used to calculate tax deductions for business travel expenses. On Friday, September 20, they announced that the rates starting October 1 will be $319 for travel to high-cost locations and $225 for travel to low-cost locations. To see more details, click here.