Tax deductions are expenses or allowances that reduce a taxpayer's taxable income, thereby lowering the amount of income subject to taxation. They can include various expenses such as mortgage interest, medical expenses, charitable contributions, and certain business expenses, either through itemized de...
Per diem rates are flat, daily dollar amounts that are divided into lodging, meal and incidental expenses (M&IE). They represent the maximum amount that federal employees may receive in travel reimbursements when they travel on official business. Per diem allowances are not limited to federal ...
Per diem rates are flat, daily dollar amounts, which are divided into lodging, meal, and incidental expenses (M&IE). They represent the maximum amount that federal employees may receive in travel reimbursements when they travel on official business. Per diem allowances, however, are not limited...