Every homeowner pays per diem interest, but timing can play a significant role in how it impacts your wallet. Joining the homeowners club means you’ll learn many new words in the mortgage world. One ...
Per diem is the tax-deductible amount the IRS assumes you spend on meals, beverages and tips when you’re away from home on an overnight business trip -- there are certainly many of those for both over ...
Due to the current pandemic, business travel has decreased dramatically. No more large conferences, trade shows, or company retreats. But although travel has declined, it hasn’t stopped, and some ...
"Per diem," meaning "per day" in Latin, refers to a fixed daily allowance employers provide to cover expenses incurred during business travel. Per diem rates are set each year by the General Services ...
The special per diem rates that a taxpayer uses in substantiating the amount of ordinary and necessary business expenses incurred while traveling away from home under the per diem substantiation ...
Special per diem rates become effective Oct. 1 to substantiate the amount of expenses for lodging, meals and incidental expenses when taxpayers travel away from home, the Internal Revenue Service ...
The Internal Revenue Service is increasing some, but not all, of the special per diem rates for expenses while traveling as inflation continues to rise. Notice 2023-68, released Monday, provides the ...