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M&IE
(redirected from Meals and Incidental Expenses)

   Also found in: Financial 0.01 sec.
AcronymDefinition
M&IEMeals and Incidental Expenses (various organizations)


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In October, the IRS provided an optional method by which employees and self-employed individuals may compute the amounts deemed paid or incurred for business meals and incidental expenses for which they are not reimbursed.
Sarah Palin has billed taxpayers for 312 nights spent in her own home during her first 19 months in office, charging a "per diem" allowance intended to cover meals and incidental expenses while traveling on state business.
The revenue procedure provides rules under which the amount of an employee's ordinary and necessary business expenses for lodging, meals, and incidental expenses, or for meals and incidental expenses, incurred while traveling away from home is deemed substantiated under Regs.
 
 
 
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