2024 Per Diem Rates For Food And Lodging. The irs makes it easy for business travelers by allowing the use of “per diem” rates, which are daily allowances to compensate for lodging, meals and incidental expenses. Per diem rates are a fixed amount paid to employees to compensate for lodging, meals, and incidental expenses incurred when traveling on business rather than calculating.

Under this method, reimbursement is based on the locality per diem rate and the employee must document and itemize all temporary lodging, lodging taxes, meals, and. The us general services administration (gsa) sets per diem rates for government employees annually.