Tax Talk

2020 Kentucky Per Diem Rates

Here is the latest chart for KY Per Diem Rates. The laws regarding perdiem are rather complex. The IRS laws require that you keep a log and certain documentation. Failure to do so will result in the expenditures being disallowed. Additionally, a penalty is generally assessed. This penalty can be substantial.

Posted in Business Tax Tips, IRS Updates Tagged 2020, lodging rates, meal rates, per diem Leave a comment

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