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Per diem is taxable under certain circumstances. Those circumstances are if no expense is filed , if the report doesn't include the date, place, amount, time,Êand business purpose of the trip, if a flat amount is given to the employee and no report is required, or if the amount is more than the federal allowable amount.
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can an REO SELLER/ BANK charge a buyer "per diem" when the buyer is using an FHA loan ?
Yes, a REO seller can charge a buyer per diem interest when the buyer is using an FHA loan. A per diem fee can be around $150 per day.
Are installation charges taxed?
NO THEY ARE NOT TAXED THE PRODUCT INSTALLED IS TAXED AND LABOR ALSO
How much does a product demonstrator make?
While researching this question, one site explained that as an independent contractor you are paid per diem and it can work out to about $9.00 an hour or sometimes a little more. Then you paid your own taxes.
Are items on sale taxed at the original price or the sales price?
Items that you buy are taxed on the actual amount that you paid for them.
Are earnings in a Roth IRA taxed when they are withdrawn?
Under current law - contributions taxed when contributed, not taxed when withdrawn. Earnings or investment gain (which remember to consider in any analysis would currently have only been taxable at the low capital gains rates in NON IRA situations)...not taxed on withdrawal either.
What is 'Is per diem taxed' in Latin?
Estne 'per diem' ut vectigal impositum is the English equivalent of 'Is per diem taxed?' In the word by word translation, 'estne' means 'is [he/she/it]'. The preposition 'per' means 'by, through'. The noun 'diem' means 'day'. The adverb 'ut' means 'as'. The noun 'vectigal' means 'revenue'. The word 'impositum' is the past participle form of the verb 'imponere', which means 'to lay, place in or upon, put, set'.
Should contractors receive per diem if they are paid lodging?
No. Per diem covers food and lodging. Their lodging cannot legally be paid twice. They can be paid per diem for food only.
If I am out of town on business for 30 days but do not work weekends should I be receiving a per diem for 30 days or the 20 days worked?
should be receiving a per diem for 30 work days.
What are per diem charges?
Answer"Per diem" is Latin for "by the day" so per diem charges would be fees assessed on a daily basis.
What is per diem interest?
"per diem" is Latin for "by days" Interest calculated "per diem" would be calculated every day, not monthly or yearly.
How do you write per Diem in a sentence?
Employees will be give £20.00 per diem for expenses
How much is senator per diem?
California Legislators are eligible for a per diem rate: currently $116. Congressional Lawmakers are not eligible for per diem; however, a bill was introduced in 2001 to authorize a $165. per diem. The bill did not survive.
How long can you draw per-diem at a site and how long will you have to have a brek in service at that site before you can start collecting per diem again?
You can collect per diem as long as you have orders that say you are there TDY. I collected per diem in the Qatar for 179 days. As long as you haven't PCs'd there you are good to go You can collect per diem as long as you have orders that say you are there TDY. I collected per diem in the Qatar for 179 days. As long as you haven't PCs'd there you are good to go
How long can you draw per diem at a site and how long will you have to have a brek in service at that site before you can start collecting per diem again?
You can collect per diem as long as you have orders that say you are there TDY. I collected per diem in the Qatar for 179 days. As long as you haven't PCs'd there you are good to go You can collect per diem as long as you have orders that say you are there TDY. I collected per diem in the Qatar for 179 days. As long as you haven't PCs'd there you are good to go
What is the diem?
In Latin, diem means "day". The term word "diem" is typically used in conjunction with the word "per" as in "per diem" meaning "each day". A per diem is the amount a company will allow, either via cash, check, or credit card, you to spend, at their expense, on meals, accomodations, etc.
Use per diem in a sentence?
Traveling sales reps and government workers often are paid a per diem.
If some people on a job receive per diem should all people receive it?
Not necessarily. Method of expense reimbursement is the employer's choice. Independent contractors working on 1099 cannot legally be paid per diem.
