Debbie Fledderjohann's Blog Posts Tagged 'Taxes' (1)

IRS Retains High-Low Per Diem Method

The IRS has decided to continue allowing businesses to use the High-Low Substantiation Method to determine per diem rates and has updated the rates under that method.

Businesses often choose to pay a per diem rate to workers in positions away home rather than reimbursing the actual cost of each expense. This is especially common with contractors because they often relocate temporarily for their contract assignments.  

The High-Low…

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Added by Debbie Fledderjohann on October 7, 2011 at 2:27pm — No Comments

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