Relying on per diem rates simplifies tax records. The paperwork for business travel are not submitted with tax returns; they are retained with tax records. Retention of the paperwork is essential in ...

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 ...

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 ...

Per diem is an allowance for meals and incidental expenses you incur while traveling for University business. If you use per diem, you forego payment of actual travel expenses, accepting instead the ...

Looking at a job, where I would be working for a big company but through an agency for the first six months. It's one of those deals where the company tends to convert the contractors over after six ...

It’s common knowledge that an employee’s overtime rate is “time and a half” the regular rate of pay. But that truism begs the question: what exactly is the regular rate of pay? Earlier this week, the ...

The General Services Administration on Wednesday announced a slight increase in lodging per diem rates for traveling federal employees in fiscal 2023. Each fiscal year, GSA updates the reimbursement ...

Plaintiffs worked as traveling clinicians for a healthcare staffing company. They earned a designated hourly wage, as well as a weekly per diem benefit. They sued the company under the Fair Labor ...

The Internal Revenue Service issued its annual notice providing the 2022-2023 special per diem rates for taxpayers to use in substantiating the amount of ordinary and necessary business expenses ...

The Internal Revenue Service has issued the special per diem rates that take effect Oct. 1, 2021, which taxpayers can use to substantiate the amount of expenses for lodging, meals, and incidental ...

The IRS issued its annual update Friday of special per-diem rates for substantiating ordinary and necessary business expenses incurred while traveling away from home (Notice 2021-52). The new rates ...