You may be able to rely on IRS-set rates for travel within the continental U.S. Using these rates alleviates the need to substantiate costs, although other recordkeeping is still required. Rates for travel to high-cost and other areas, as well as locations designated as high-cost (and the period of the year they are high-cost), effective October 1, 2013, can be found here.
There’s a new post on my blog TODAY! Each week, you’ll find critical updates, practical help and essential information to assist you in your small business.
