IRS Announces Simplified "High-Low" Per Diem Rates For FY 2010

Abstract

Rev. Proc. 2009-47 updates the simplified per diem rates that taxpayers can use to reimburse employees for lodging, meals and incidental expenses incurred during business travel after September 30, 2009. The rate for high-cost areas is $258 ($193 for lodging and $65 for meals and incidental expenses). The rate for all other areas is $163 ($111 for lodging and $52 for meals and incidental expenses).