Irs Per Diem Meal Rates 2024. The irs has released its annual update of special per diem rates for taxpayers to use in substantiating business expenses while traveling away from home. The irs makes it easy for business travelers by allowing the use of “per diem” rates, which are daily allowances to compensate for lodging, meals and incidental expenses incurred on business trips.
The irs has released its annual update of special per diem rates for taxpayers to use in substantiating business expenses while traveling away from home. We will answer common questions including “what is per diem pay?”, “what is a standard per diem meal allowance?”, and “what are the gsa per diem rates for.