IRS Raises Per Diem to $63
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In its Notice 2016-58, issued September 27, 2016, the federal Internal Revenue Service raised the maximum per diem allowable under qualified plans for drivers and other transportation workers for meals and incidental expenses while they travel away from home overnight on business. The rate had been $59 for several years. IRS made no other changes in its rules on per diems. The new rate is effective for travel after October 1 this year.
