Search results
Results from the WOW.Com Content Network
Per diem (Latin for "per day" or "for each day") or daily allowance is a specific amount of money that an organization gives an individual, typically an employee, per day to cover living expenses when travelling on the employer's business. A per diem payment can cover part or all of the expenses incurred. For example, it may include an ...
Multiply your loan amount by the interest rate: $400,000 x 0.06 = $24,000 Divide the interest by 365 to find the daily rate: $24,000 / 365 = $65.75 Multiply the daily rate by the number of days ...
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.
Incentive per diem (IPD) was a program created in the United States in 1970 to encourage railroads to purchase new boxcars. Established by the Interstate Commerce Commission (ICC), a regulatory agency overseeing railroads, the program offered significant payments to railroads that purchased new boxcars.
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
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.
The Joint Travel Regulations (JTR) authorizes payment of standard or flat rate per diem, commonly referred to as deployed per diem, for members of units deployed overseas. The authority to determine rates for deployed per diem and the mechanics of their use has been delegated to the CMC by the Secretary of the Navy. MCO 7220.39, Standard/Flat ...
“With my contracting arrangement, I’m responsible for paying my hotel bill (at a hotel I am obliged to stay at) and expenses and seeking reimbursement and per diem thereafter — due to the ...