In order to simplify recordkeeping,a self-employer taxpayer elects to use the federal per diem rate for business travel expenses.This election eliminates the requirement of maintaining documentation of time,place and business purpose of the travel.

Question

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While using the federal per diem rate for business travel expenses may simplify recordkeeping, it does not eliminate the requirement of maintaining documentation of time, place, and business purpose of the travel. The IRS still requires documentation to support business expenses, even when using the per diem rate.

In Order to Simplify Recordkeeping,a Self-Employer Taxpayer Elects to Use