The Tax Cuts and Jobs Act (TCJA) resulted in changes for some business travelers. The IRS has issued guidance in Revenue Procedure 2019-48 for these travelers and their employers to clarify the changes. The TCJA suspended the miscellaneous itemized deduction employees could take for unreimbursed expenses, but self-employed persons and certain employees can still use per diem rates for meal and incidental expenses. After 2017, the TCJA also disallowed entertainment, amusement and recreation deductions. Meal expenses that are otherwise allowable are still deductible if not combined with entertainment costs. Here’s the list of per diem rates currently in effect. Contact the Cg Team for more information. © 2019
IRS.gov, “Notice 2019-55,” “2019-2020 Special Per Diem Rates,” https://www.irs.gov/pub/irs-drop/n-19-55.pdf.