The Internal Revenue Service issued its annual notice providing the 2022-2023 special per diem rates for taxpayers to use in substantiating the amount of ordinary and necessary business expenses incurred while traveling away from home. For meal and incidental expenses only, the rate is $74 for travel to any high-cost locality, and $64 for travel to any other locality within the continental US. For more information, visit GSA.gov and follow us at @USGSA. This publication is only available online and is updated throughout the year as new rates are announced by the General Services Administration. Rates are updated at the beginning . | Rev. Some places are only considered high-cost localities for certain portions of the year. Someone who works in the transportation industry is defined in. . Learn how referrals can help you meet your clients' growing tax compliance demands. Rates for Alaska, Hawaii, U.S. Association of International Certified Professional Accountants. Visit www.doeren.com for more information. The CONUS meals and incidental expenses (M&IE) rates were revised for FY 2022. The notice contains a list of the localities that are high-cost localities (localities that have a federal per-diem rate of $249 or more, $4 higher than last year) for all or part of the calendar year. High-cost localities. Proc. %PDF-1.6 % 0000010864 00000 n Notice 2022-44, released Monday by the IRS, provides the special per diem rates effective Oct. 1, 2022, that taxpayers can use to substantiate the amount of expenses for lodging, meals, and incidental expenses when traveling away from home. Under the high-low substantiation method, the federal per diem rate to be used is the high rate for high-cost localities and the low rate for all other localities. 03/09/2023. Please see the notice for the complete listing. Proc. Some places are only considered high-cost localities for certain portions of the year. Massachusetts FWS Payscales. Learn more by downloading this comprehensive report. However, refusing to cover these expenses could violate minimum wage or overtime laws. %PDF-1.6 % GSA celebrates successes on 2nd anniversary of American rescue plan. Previous Rates: Credit unions will face a complex and busy regulatory compliance environment in 2023.
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