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 ...