Effective October 1, IRS Notice 2014-57, 2014–2015 Special Per Diem Rates, updated the per diem rates that can be used for reimbursement of normal business expenses incurred while employees travel. In order to simplify recordkeeping, some employers elect to use these per diem rates (that are updated before the end of the federal government's fiscal year) established by the General Services Administration (GSA). Explore the background of per diem rates, what is covered and what is new for 2014-2015 with this update.
0 Comments Click here to read/write comments
Topics: Per Diem, Business Travel, Travel Expenses, Uncategorized