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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 ...
The General Services Administration on Wednesday announced that lodging per diem rates will increase for the second straight year in fiscal 2024, although allowances for meals and incidentals remain ...
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 ...
The U.S. General Services Administration for fiscal year 2024 increased its standard allowable per diem rates for federal travelers by $9 to $166, GSA announced Wednesday. The increase is due to a $9 ...
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 ...
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 ...