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The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...
As of July 2022, legislators receive an annual salary of $57,876. The Speaker of the House and Senate majority leader receive salaries of $66,016, while the House and Senate minority leaders receive salaries of $61,946. Per diem is set at 89% of the federal per diem rate and is $185 as of 2022. [9] [10]
As of 2016, the NBA has the highest per-diem for players at $115 per day, followed by the NHL whose per-diem began at a base of $100/day in 2012–13 and is adjusted each year based on changes in the US Consumer Price Index. Minor pro and collegiate athletes also receive meal money for overnight trips, usually paid as a rate set by the league ...
March 26, 2024 at 12:01 PM. ... Fixed interest rate. Daily interest. Total per diem charges. $400,000. 6% ($400,000 x .06)/365 = $65.75 ... Per diem interest is not a huge amount, but it can be a ...
An organization may refund or reimburse these costs on the basis of an itemized list, or may conclude that cost of doing so is disproportionately high and instead pay a per diem ("per day") allowance. This provides a budget from which the traveler may recover their costs.
At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
Majority floor leaders and second ranking minority leaders receive salaries of $137,832. As of 2023, California legislators are paid the second highest salary of any state. Senators receive per diem of $211 and Assembly members receive per diem of $214. [33] [34]
From the IS4S Salute to Veterans Bowl on Dec. 14 to the College Football Playoff National Championship Game on Jan. 20, 82 teams will play in at least one postseason game.