1. column
  2. TAX MATTERS

Per diem travel rates updated

Please note: This item is from our archives and was published in 2014. It is provided for historical reference. The content may be out of date and links may no longer function.

TOPICS

Notice 2014-57 provides special per diem rates for use in substantiating certain business expenses taxpayers incur when traveling away from home for Oct. 1, 2014, through Sept. 30, 2015.

The incidental-expenses-only deduction remains unchanged at $5 per day for any locality of travel.

The special meals and incidental expenses rates for taxpayers in the transportation industry remain unchanged at $59 inside and $65 outside the continental United States.

The high-low substantiation method rates are $259 for travel to any high-cost locality and $172 for travel elsewhere within the continental United States.

The notice also lists high-cost localities with rates of $216 or more.