IRS Addresses Deductibility of Employees' Business Travel Expenses in TCJA Guidance | Practical Law
The Internal Revenue Service (IRS) has revised its guidance concerning the deductibility of expenses for meals, lodging, and related expenses that employees incur while traveling for business (Rev. Proc. 2019-48). The revenue procedure, which officially reflects changes made by the Tax Cuts and Jobs Act (TCJA), provides rules for using a per diem rate to substantiate employees' expenses.