Daily Archives: December 3, 2021

IRS provides guidance on per diem rates and the temporary 100% deduction for food or beverages from restaurants

Posted on December 3, 2021 by Camron Hoorfar

The Internal Revenue Service today issued Notice 2021-63 to make clear how the temporary 100% business deduction for food or beverages from restaurants applies to taxpayers properly applying the rules of Revenue Procedure 2019-48 for using per diem rates. Previously, … Continue reading →

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