the IRS requires you to prorate your usage of the vehicle into personal and business miles. You can manually calculate the personal mileage from the
If you are a contract worker receiving a per diem salary, you are paid a specific amount of money for each day that you work. There are times that you may need or want to know your annual salary, and this can present a challenge because you may not know how many days you are actual...
Also, make sure to perform this calculation based on your gross salary and not your net. When people talk about how much money they make per year it is the gross amount. The gross amount is the amount of money they earn before taxes, Medicare, Social Security and other deductions are rem...
homework, in French. Prepare yourself for next-level homework challenges, make sure you get Google Translate properly dialled (you will need this, a lot), and make sure you are really friendly with some other parents who can bail you out when you have no idea how to calculate a ...
To calculate the amount of rent of a short-term rental, such as a vacation house, multiply the quoted daily rate by the number of days of the stay, much like you would a hotel stay. For example, a California beach-rental costs $100 per day on Monday through Thursday and $175 per da...
If some travel is needed, mitigate expenses by booking well in advance, negotiating corporate rates at hotels, and limiting entertainment and per diem food expenses. 7. Eliminate excess inventory. Although you never want to run out of inventory to sell, you don’t want to pay for excess ...
Calculate my rateCalculate my rate How much do I need upfront to buy a home? Almost everyone who purchases a home must put money down at the time of the mortgage closing. The amount of money you'll need will usually cover these fees and expenses: ...
Lenders that require borrowers to make payments on the first day of the month usually calculate per diem interest for the days leading up to the beginning of the first payment cycle. There are lenders that allow borrowers to make a partial per diem interest payment on the first day of the ...
Per diem mileage rates are those established by the IRS that taxpayers can use to calculate deductible travel expenses for tax purposes. These rates are used to determine the standard mileage deduction that taxpayers can take for business-related travel using their personal vehicle. ...
While CPI may be used by employers to calculate COLAs, the official BLS website points out that the CPI is not meant to be a cost-of-living index.The Council for Community and Economic Research also provides a reputable Cost of Living Index. ...