The U.S. IRS has announced the issuance of guidance on per diem rates and the temporary 100% deduction for food or beverages from restaurants.
---
IRS provides guidance on per diem rates and the temporary 100% deduction for food or beverages from restaurants
IR-2021-225, November 16, 2021
WASHINGTON — The Internal Revenue Service today issued Notice 2021-63 to make clear how the temporary 100% business deduction for food or beverages from restaurants applies to taxpayers properly applyi…