Publication 1542

Publication 1542

A form published by the IRS containing information on acceptable per diem rates for business travel in the continental United States. A self-employed person is permitted to write off the per diem rate for each day he/she travels on business. The rate varies based on the cost of living of an area.
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The Service revised Publication 1542, Per Diem Rates, to reflect the changes.
The updated rates for the regular per diem method are listed by location in Publication 1542. The standard rate for locations not listed remains at $109, with $39 attributable to meals for purposes of IRC [section] 274(n).