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 ...

Managing business travel expenses doesn’t need to feel like navigating a maze of receipts, reimbursements, and compliance headaches. Nonetheless, per diem policies can create more confusion than ...

The General Services Administration announced last week that both lodging and meal and incidental per diem rates will increase in fiscal 2025. Each year, GSA updates the reimbursement rates that it ...

The alternative of an allowance for daily expenses, a per diem, is permissible for meals and incidental expenses (M&IE). For sponsored program travel, the per diem arrangements may require prior ...

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 ...

Whether establishing your first per diem policy or refining existing procedures, Brex 's guide covers everything to know about per diem management, including federal per diem rates, IRS compliance ...

Under an accountable plan, per diem payments up to the federal per diem rate for the travel location are excluded from the employee's gross income. This means employees don't pay income tax on these ...