Below, we answer questions about per diem, how it works, and what it involves tax-wise. Per diem is a fixed dollar amount established to reimburse employees for various types of charges.

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 ...

Per diem meal rates are based on Continental United States (CONUS ... Per IRS guidelines, non-overnight meals are taxable. In order to meet this IRS requirements, UB withholds taxes from non-overnight ...

Other prepaid charges include a prorated amount toward your homeowners insurance and property taxes. However, lenders also have different policies on per diem interest. While many require you to ...

For lodging, all actual expenses must be supported by receipts. Per diem allowances shall not exceed the maximum stated by the government's published standards. In the case of travel charged to a ...