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 new numbers are effective as of October 1, ...

The IRS has announced the per diem rates for taxpayers to use in substantiating the amount of business expenses incurred while traveling away from home. These rates take effect on October 1, 2025. A ...

"Per diem," meaning "per day" in Latin, refers to a fixed daily allowance employers provide to cover expenses incurred during business travel. Per diem rates are set each year by the General Services ...