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Per Diem Blog

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Per Diem Rates for 2014-2015

By Watson CPA Group (Google+) Posted September 24, 2014   The IRS has announced the per diem rates for 2014 and 2015. As you might recall, the government’s fiscal year starts October 1, so that is why we have rates for 2014 and 2015. Per diem rates are figures taxpayers can use for substantiating the…

IRS Updates Per Diem Rates for 2013 and 2014

By Jason Watson (Google+)   Earlier this week the IRS issued its annual update of per diem rates for taxpayers who travel away from home in fiscal year 2014 (Notice 2013-65). Of course the government can’t make it simple, fiscal year 2014 actually starts October 1 of 2013. As you might be aware, per diem…

Federal Government Freezes Travel Reimbursements for 2013

By Jason Watson (Google+)   Recently the U.S. Government Services Administration (GSA) announces that per diem rates and allowances will remain at 2012 levels. This is the first year in over a decade that the rates have not been increased.   Being reimbursed for travel expenses through per diem allowances alleviates a lot of the…

Per Diem Rates Unchanged for 2013

By Jason Watson (Google+)   The US GSA Office announces that domestic per diem rates for 2013 will remain at 2012 levels. While disappointing, the move is based on a flat economy and very small changes in cost of living. More importantly the move is based on Obama’s directive to reduce travel costs for the…

Famous Bissonnett Case Added to Tax Court Rulings Page

By Jason Watson (Google+)   We just added the famous Bissonnett case to our Tax Court Rulings page for flight crew, pilots and flight attendants. The question comes up quite often about deducting per diem for day trips, locals, turns, etc. And the short answer is that you need substantial rest away from home to…

Can I take a per diem deduction for turns, locals or day trips?

By Jason Watson (Google+)   No. For a per diem deduction, an overnight or a substantial rest period must occur. This rest requirement is not satisfied by merely napping in the crew lounge. Your relief from duty must be long enough to get necessary sleep or rest.   The Tax Court has developed the Sleep…

Watson CPA Group Developes Free Per Diem Calculator, A Market First

By Jason Watson (Google+)   The Watson CPA Group is wrapping up the development of a free online per diem calculator for pilots, flight attendants and business travelers alike to determine their per diem allowance.   According to the IRS, taxpayers are afforded a per diem allowance for each day they spend away from home…

How Does Per Diem Work?

By Jason Watson (Google+)   The question comes up in different forms, but essentially it is the same- people want to know how to compute per diem allowances, how to deduct them on their tax returns, and what is the net-net of all the hoopla.  Here we go-   The government has established the costs…

Per Diem Calculation

There are two ways to calculate your per diem allowance- standard daily rate and city by city. Each has its advantages. Domestically, either method might yield the best result however if you fly a lot of international pairings, city by city is clearly the best option.   Per diem rates are set by IRS Publication…