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LLCs and per diem

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  • LLCs and per diem

    I'm the majority partner of an LLC and I travel away from home for weeks at a time. It seems now that it is more advantageous to use the per diem method for meals, however I'm not certain how this works for an LLC. I use the LLC credit card for meals while traveling but the LLC would have a bigger deduction it I used the per diem method. How can I make this adjustment for the trips I made in 2005?
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