Per diem rates have been updated for FY 2022 and are effective October 1, 2021. These allowances substantiate the amount of ordinary and necessary business expenses paid or incurred while traveling away from home and include lodging, meal, and incidental expenses, as well as meal and incidental expenses only.
Why Every International Business Needs a Tax Free LLC?
A Limited Liability Company is a business structure that combines pass-through taxation with the limited liability of a corporation. First established in Wyoming in 1977, the US LLC was initially popularized in the 1990s. LLCs can be registered (opened) in each of the 50 states, however for our non-resident clients we typically recommend registering in Delaware for a variety of reasons.