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    safemike1's Avatar
    safemike1 Posts: 1, Reputation: 1
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    #1

    Mar 1, 2010, 02:34 PM
    Can an owner of a company collect per diem
    As a business owner, I travel away from home for a couple of days at a time on a regular basis. Am I allowed to collect the per Diem listed in pub 1542 for my overnight travel, or can I collect only if I have travel expenses backed up by receipts?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Apr 26, 2010, 12:50 PM
    You can use the per diem amounts for Meal and Incidental Expenses, but the lodging costs must be what you actually spent on lodging as documented by receipts.
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