Vision Payroll

October 3, 2010

IRS Releases Updated Per Diem Rates in Rev. Proc. 2010-39

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IRS Releases Updated Per Diem Rates in Rev. Proc. 2010-39
IRS Releases Updated Per Diem Rates in Rev. Proc. 2010-39
In Rev. Proc. 2010-39, the Internal Revenue Service (IRS) released updated per diem rates for 2011 and made some minor changes to list of high-cost areas.

Per Diem Rates Decrease for High-Cost and Other Localities

In §5.02, the IRS announced that per diem rate for high-cost localities is $233 (down from $258 in 2010) and the per diem rate for other localities is $160 (down from $163 in 2010).

Meal Rates and Incidental Rates Remain the Same for 2010

In §5.02, the IRS announced that meal rate for high-cost localities is $65 and the meal rate for other localities is $52. These rates are unchanged from 2010. Also unchanged is the incidental expenses rate. In §4.05, the IRS announced that the incidental rate is $5 for 2011.

High-Cost Localities Announced

In §5.03, the IRS announced the localities that “are high-cost localities for all of the calendar year or the portion of the calendar year specified in parentheses under the key city name.”

Additions to and Deletions from the High-Cost List

In §5.04, the IRS announced the localities that have been added to the list of high-cost localities. They are:

  • Yosemite National Park, California;
  • Silverthorne/Breckenridge, Colorado;
  • New Orleans, Louisiana;
  • Falmouth, Massachusetts;
  • Riverhead/Ronkonkoma/Melville, New York;
  • Kill Devil, North Carolina;
  • Stowe, Vermont; and
  • Virginia Beach, Virginia.

In §5.04, the IRS announced the localities that have had the portion of the year for which they are considered high-cost localities changed from 2010. They are:

  • South Lake Tahoe, California;
  • Aspen, Colorado;
  • Telluride, Colorado;
  • Vail, Colorado;
  • Fort Lauderdale, Florida;
  • Miami, Florida; and
  • Martha’s Vineyard, Massachusetts.

In §5.04, the IRS also announced that Hershey, Pennsylvania has been removed from the list of high-cost localities.

New Per Diem Rates Effective October 1, 2010 or January 1, 2011

The new per diem rates are effective October 1, 2010 for taxpayers using the fiscal year period for reimbursements and January 1, 2011 for those using the calendar year period for reimbursements.

Contact Vision Payroll if you have any questions on Rev. Proc. 2010-39.

September 5, 2010

Fiscal Year 2011 Maximum Per Diem Rates for the Continental United States

Filed under: News — Tags: , , , , — Vision @ 3:27 pm

GSA Releases Fiscal Year 2011 Maximum Per Diem Rates for the Continental United States
GSA Releases Fiscal Year 2011 Maximum Per Diem Rates for the Continental United States
The General Services Administration (GSA) updated the maximum per diem rates for travel after September 30, 2010 and before October 1, 2011.

Standard Lodging Rate Increases 10%

For destinations or counties not specifically listed, the lodging per diem is $77 and the meals and incidental expenses per diem is $46. The rates for 2010 were $70 and $46, respectively.

Many Locations Have a Non-Standard Rate

Certain destinations or counties are listed with higher per diem rates for part or all the fiscal year.

Contact Vision Payroll if you have any questions on maximum per diem rates.

August 28, 2009

Question of the Week: What Are the 2010 Maximum Per Diem Rates?

Filed under: News — Tags: , , , , , — Vision @ 10:02 pm

This week’s question comes from Jason, an HR director. We reimburse employees using the per diem rates established by the General Services Administration. What are the 2010 maximum per diem rates? Answer: The GSA updated the maximum per diem rates for travel after September 30, 2009 and before October 1, 2010. For destinations or counties not specifically listed, the lodging per diem is $70 and the meals and incidental expenses per diem is $46. The rates for 2009 were $70 and $39, respectively. Certain destinations or counties are listed with higher per diem rates for part or all the fiscal year. Contact Vision Payroll if you have any questions on maximum per diem rates.

September 13, 2008

Fiscal Year 2009 Maximum Per Diem Rates for the Continental United States

Filed under: News — Tags: , , , , — Vision @ 11:23 am

The General Services Administration updated the maximum per diem rates for travel after September 30, 2008 and before October 1, 2009. For destinations or counties not specifically listed, the lodging per diem is $70 and the meals and incidental expenses per diem is $39. Certain destinations or counties are listed with higher per diem rates for part or all the fiscal year. Contact Vision Payroll if you have any questions on maximum per diem rates.

September 10, 2008

Tip of the Week: Reduce Paperwork with Per Diem Reimbursements

Filed under: News — Tags: , , , , , , — Vision @ 10:00 am

Do you reimburse employees for travel and meal expenses? Reduce paperwork and substantiation requirements through the use of a per diem reimbursement. By using a per diem that does not exceed the applicable federal per diem rate for the area of travel, the amount of the expenses need not be substantiated although the employee must still substantiate time, place, and business purpose. There are two parts to the per diem allowance: the lodging portion and the meals and incidental expenses portion. Employees who incur expenses less than the per diem allowance are not required to return the excess amounts. Furthermore, ten percent or more owners and their relatives are ineligible to use the per diem method. Contact Vision Payroll if you have questions on per diem reimbursements.

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