Rules for employee reimbursement.

• Position: FTB NEWS - Brief article

Recently released IRS Revenue Procedure 2010-39, available at www.calcpa.org/IRSreimbursement, provides rules (or employees who are reimbursed for lodging, meals and incidental expenses, or meals and incidental expenses only, while traveling away from home, to substantiate the expenses by per diem allowance rather than actual expenses. The revenue procedure also provides an optional method for employees and self-employed individuals who are not reimbursed to use in computing the deductible costs they pay or incur for business meal...