Learn about per diem interest, how it's calculated, its role in loans like mortgages, and why it's essential for borrowers to understand before closing a loan.

The IRS has announced the per diem rates for taxpayers to use in substantiating the amount of business expenses incurred while traveling away from home. These rates take effect on October 1, 2025. A ...

"Per diem," meaning "per day" in Latin, refers to a fixed daily allowance employers provide to cover expenses incurred during business travel. Per diem rates are set each year by the General Services ...

The IRS has announced its most recent per diem rates for taxpayers to use in substantiating the amount of ordinary and necessary business expenses incurred while traveling away from home. The IRS has ...