GettyAre you wondering about those updated per diem rates? Per diem rates are a fixed amount paid to employees to compensate for lodging, meals, and incidental expenses incurred when traveling on business rather than using actual expenses. However, the per diem rates aren't as useful for self-employed taxpayers because they can only use the per diem rates for meal costs. If you want to snag a break for those, and you use the per diem rates, you may request that your employer reimburse you. To find the federal government per diem rates by locality name or zip code, head over to the General Services Administration (GSA) website.

Source: Forbes October 07, 2019 16:41 UTC