Kirk Szecsodi News Today : Breaking News, Live Updates & Top Stories | Vimarsana

IRS 100% meal deduction does not apply to owner-ops per-diem deductions When the second big Congressional COVID-relief bill was signed in December, there was some uncertainty about what appeared to be a per-diem-deduction sweetener. The hope in trucking was that the change in the deductible for business meal expenses would rise from 80% to 100% of the amount of the per diem that is tax-deductible. When the IRS announced regulatory changes detailed in this story earlier this week, that clarification arrived, in essence. To clear up confusion some readers have voiced, ATBS Tax Manager Michael Schneider explained that the temporary regulations the IRS issued do not apply to the section of the tax code that specifies the per diem for truckers federally regulated by the hours of service rules. 

United statesMichael schneiderKirk szecsodiTruckload carriers associationHeartwell renewablesLove family of companiesManager michael schneiderLen dubois truckingHighway angelSilver alertDodge chargerTravel stopஒன்றுபட்டது மாநிலங்களில்மைக்கேல் ஶ்நைடர்டிரக் லோடு கேரியர்கள் சங்கம்காதல் குடும்பம் ஆஃப் நிறுவனங்கள்