A federal stimulus measure designed to help restaurants can also help owner-operators by increasing their per diem deduction, said business services provider ATBS. The savings comes from being able to ...

The 100% deduction allowable as a business expense in 2021 and 2022 for food or beverages provided by a restaurant applies to the meal portion of a per diem rate or allowance, the IRS clarified ...

Federal Per Diem Rate The federal rate is the highest rate the government pays to its employees for lodging, meals, and incidental expenses while traveling away from home on business. Private ...

The Internal Revenue Service has issued the special per diem rates that take effect Oct. 1, 2021, which taxpayers can use to substantiate the amount of expenses for lodging, meals, and incidental ...

The IRS has issued Notice 2021-63 to make clear how taxpayers can leverage a temporary 100% business deduction for food or beverages from restaurants using per diem rates. A taxpayer that properly ...

BTN’s Corporate Travel Index updates quarter-over-quarter movement in business travel per diem costs in 200 cities around the globe. The index blends corporate travel agency-booked hotel and rental ...

The IRS issued its annual update Friday of special per-diem rates for substantiating ordinary and necessary business expenses incurred while traveling away from home (Notice 2021-52). The new rates ...

Yesterday we learned what the annual salary was in Major League Baseball. Now we know what the meal money situation is: #MLB players will receive a $100.50 per diem on road days (during regular & post ...