Law Alert: New Per Diem Rates
September 3, 2021
The IRS released Notice 2021-52 announcing the new Special Per Diem Rates for 2021-2022. Among other things, the special Meals & Incidental Expense (M&IE) rates for the Transportation Industry have increased to $69 per day from the current $66 per day for travel anywhere in the continental United States (CONUS). For travel outside the continental United States (OCONUS), the rates have increased to $74 per day from the current $71 per day.
The new rates are effective October 1, 2021. Notice 2021-52 can be accessed here.
For more information, contact Scopelitis Partners Steve Pletcher and Kelli Block.