Local Lodging Expenses Will Become Deductible

August 2007
Federal Tax Course Letter;Aug2007, Vol. 21 Issue 8, p3
Trade Publication
The article announces that the U.S. Internal Revenue Service (IRS) intends to amend regulation relating to the deductibility of lodging expenses. It reveals the terms of the amended regulation. It enumerates the conditions cited by the IRS for it to no longer challenge an employer's deduction of the cost of employee lodging that is located in the same town as the employer.


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