Per diem rates for meals and lodging are based on geographical location. The IRS sets per diem mileage rates; for 2024, the mileage rate is $0.67 cents per mile, and for 2025, ...

Fiscal 2025 Per Diem Rates. Per diem is broken down into two categories: Lodging; Meals and incidental expenses; The per diem rate you will receive is based on a combination of the maximum lodging ...

Brex reports that effective per diem policies streamline expense management, clarify employee rights, and ensure compliance ...

Current nonstandard areas' per diem rates, which apply to about 300 areas and are typically higher than the standard rate, are at or above 2025 rates for lodging.

M&IE Rates For The Transportation Industry. As of October 1, 2024, the special meals and incidental expenses (M&IE) per diem rates for taxpayers in the transportation industry are $80 for any ...

The special per diem rates that a taxpayer may use in substantiating travel and business expenses under the per diem substantiation method (set out in Rev. Proc. 2019-48) will be higher starting Oct.

The General Services Administration has announced new per diem travel rates for federal employees that will for the first time take effect at the beginning of the fiscal year on Oct. 1. The new ...

Federal per diem rates consist of two components, including meals and incidental expenses (M&IE) and lodging. The M&IE rate covers breakfast, lunch, dinner, and incidental expenses, while the ...

Your per diem interest charge is calculated using your mortgage interest rate. If you don’t yet have a preapproval, the best way to estimate your per diem interest charge is to research rates ...

Lodging . Lodging per diem covers hotels, extended-stay accommodations, and other overnight housing during business travel, including base room rates, applicable taxes, and standard fees like ...

Federal per diem rates consist of two components, including meals and incidental expenses (M&IE) and lodging. The M&IE rate covers breakfast, lunch, dinner, and incidental expenses, ...