Focuses on the United States Internal Revenue Service's per-diem Standard Meal Allowance. Basic daily rate for meals and incidentals; Situation when the Standard Meal Allowance cannot be used.Weaver, PeterNa...
In October, the IRS provided an optional method by which employees and self-employed individuals may compute the amounts deemed paid or incurred for business meals and incidental expenses for which they are not reimbursed. Revenue Procedure 2008-59, which was effective Oct. 1, 2008, also updated...