The Internal Revenue Service (IRS) issued Revenue Procedure 2009-47 on September 30, 2009. The guidance updates the rules for determining the amount of an employee's ordinary and necessary business expenses for lodging, meals, and incidental expenses incurred while traveling away from home that are deemed substantiated under Section 1.274-5 of the Income Tax Regulations. Included in the guidance are transition rules for the last three months of 2009 and the per diem rate for travel to high-cost localities and for travel to other localities in the continental United States (CONUS). The per diem rate for travel to high-cost localities is $258; the rate for all other sites within CONUS is $163. The meal expense daily allowance for high-cost localities is $65 and $52 for other locations within CONUS. The effective date for per diem allowances is on or after October 1.

IRS Revenue Procedure 2009-47 is scheduled to be published in the October 19 Revenue Bulletin 2009-42.

The full text of Revenue Procedure 2009-47 is available here.

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