Just for everyone's info, it looks like the irs is allowing per diem meals to be taken at 100%.
Notice 2021-63 provides guidance regarding the temporary 100-percent deduction for expenses that are paid or incurred after December 31, 2020, and before January 1, 2023, for food or beverages provided by a restaurant for purposes of § 274(n)(2)(D) of the Internal Revenue Code. In particular, the notice sets forth a special rule that allows a taxpayer to treat the meal portion of a per diem rate or allowance as being attributable to food or beverages provided by a restaurant.
Some preparers were wondering if the 100% for meals were going to be allowed for per diem meals. I felt they would be, but until now there was no guidance from irs.
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