Wednesday, December 28, 2011

IRS to Scrap High-Low Simplified Per-Diem Rates for Business Travel

In a new announcement, IRS has revealed that it intends to do
away with the high-low method of substantiating away-from-home
travel expenses. Background. An employer may pay a per-diem amount
to an employee on business-travel status instead of reimbursing
actual Continue reading

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