In its list of high-cost and low-cost localities, the IRS kept per diem rates for travel, meals and incidental expenses unchanged for the new annual period starting Wednesday, Oct. 1.
According to Notice 2025-54, the high-low substantiation method will continue to apply, with rates set at $319 for high-cost localities and $225 for non-high-cost localities.
The portion allocated for meals remains at $86 for high-cost areas and $74 for others. The notice also provides special rates for taxpayers in the transportation industry. Read more.