Irs Per Diem Rates 2024. The special per diem rates that a taxpayer may use in substantiating travel and business expenses under the per diem substantiation method (set out in rev. These changes are crucial as they directly affect.
The irs makes it easy for business travelers by allowing the use of “per diem” rates, which are daily allowances to compensate for lodging, meals and incidental expenses. Irs announced new per diem rates for business travel, effective october 1, 2024.