{"id":2330,"date":"2019-09-26T07:09:14","date_gmt":"2019-09-26T07:09:14","guid":{"rendered":"https:\/\/www.irstaxapp.com\/?p=2330"},"modified":"2019-10-28T06:06:05","modified_gmt":"2019-10-28T06:06:05","slug":"irs-issues-per-diem-rates-2019-for-deductible-business-travel-expenses","status":"publish","type":"post","link":"https:\/\/www.irstaxapp.com\/irs-issues-per-diem-rates-2019-for-deductible-business-travel-expenses\/","title":{"rendered":"IRS Issues Per Diem Rates 2019 for deductible business travel expenses"},"content":{"rendered":"\n<p>The Internal Revenue Service issued  <a rel=\"noreferrer noopener\" href=\"https:\/\/www.irs.gov\/pub\/irs-drop\/n-19-55.pdf\" target=\"_blank\">Notice 2019-55<\/a>  which elaborates new <em>per diem rates 2019<\/em>  effective from  Oct. 1, 2019. These per diem rates are used for calculation of deductible business travel expense like lodging, meals and  incidental expenses.   Travel expenses are among the most common business expense  deductions and  also most litigation prone .   The IRS notice also sets <\/p>\n\n\n\n<ul><li>Special  transportation industry rate, <\/li><li>the rate for the incidental  expenses only deduction, and <\/li><li>the list of high-cost localities and rates for that  for purposes of the high-low substantiation method. <\/li><\/ul>\n\n\n\n<p>Readers should note that the use of a per  diem rates for claiming travel expense as business expense is not mandatory if you can  substantiate the actual allowable expenses by maintaining  sufficient documentary evidence for proper substantiation of your claim.  The following is a list of expenses you may be able to deduct depending on the facts and circumstances: <\/p>\n\n\n\n<ul><li>50 percent of the cost of meals when traveling <\/li><li>air, rail, and bus fares <\/li><li>baggage charges <\/li><li>hotel expenses <\/li><li>expenses of operating and maintaining a car, including the cost \nof gas, oil, lubrication, washing, repairs, parts, tires, supplies, \nparking fees, and tolls <\/li><li>expenses of operating and maintaining house-trailers\u2014provided using one is &#8220;ordinary&#8221; and &#8220;necessary&#8221; for your business <\/li><li>local transportation costs for taxi fares or other \ntransportation between the airport or station and a hotel, from one \ncustomer to another, or from one place of business to another, and tips \nincidental to the foregoing expenses <\/li><li>cleaning and laundry expenses <\/li><li>computer rental fees <\/li><li>public stenographer fees <\/li><li>telephone or fax expenses <\/li><li>tips on eligible expenses <\/li><li>transportation costs for sample and display materials and sample room costs <\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Highlight of New Per Diem Rates<\/h2>\n\n\n\n<table class=\"wp-block-table has-fixed-layout\"><tbody><tr><td><strong>Description<\/strong><\/td><td><strong>Per Diem Rates<\/strong><\/td><td><strong>Locality<\/strong><\/td><\/tr><tr><td> Special meals and incidental expenses <\/td><td>$66<\/td><td>Any locality in continental USA<\/td><\/tr><tr><td>  Special meals and incidental expenses <\/td><td>71<\/td><td>Outside  continental USA <\/td><\/tr><tr><td>Incidental expenses only deduction <\/td><td>$5 per day<\/td><td>Inside or Outside USA<\/td><\/tr><tr><td>High-low substantiation method <\/td><td>$297<\/td><td> any high-cost locality  within the continental U.S <\/td><\/tr><tr><td> High-low substantiation method  <\/td><td>$200<\/td><td> Any other within the continental U.S <\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><\/tr><\/tbody><\/table>\n\n\n\n<p>Please consult   <a rel=\"noreferrer noopener\" href=\"https:\/\/www.irs.gov\/pub\/irs-drop\/n-19-55.pdf\" target=\"_blank\">Notice 2019-55<\/a>  for different rates in different scenarios<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Internal Revenue Service issued Notice 2019-55 which elaborates new per diem rates 2019 effective from Oct. 1, 2019. These per diem rates are used for calculation of deductible business travel expense like lodging, meals and incidental expenses. Travel expenses are among the most common business expense deductions and also most litigation prone . The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[147],"tags":[1027,1026,1062,1025],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts\/2330"}],"collection":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/comments?post=2330"}],"version-history":[{"count":0,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/posts\/2330\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/media?parent=2330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/categories?post=2330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irstaxapp.com\/wp-json\/wp\/v2\/tags?post=2330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}