Christine Hradsky No Comments

Employers: IRS Updates Business Travel Per Diems

per diems

Formal expense reimbursement policies may now be necessary. The process can be simplified by paying travel per diems instead of going through submitted receipts.

Under current tax law, employees aren’t allowed to claim miscellaneous itemized deductions — including unreimbursed business expenses — on their personal tax returns for 2018 through 2025. So, it may be more important than ever for employers to set up expense reimbursement plans for business-related travel costs. Read more