What is Per Diem?
Per Diem is Latin for “by the day.” In the federal tax world, it represents the expense that an employee would need to work out of location for work. Expenses like food. Every employee working out of location is entitled to up to $66, 80% of which can be written off for tax purpose.
All full and part time employees file W2 for taxes whereas self-employed people file 1099.
As a business owner you must determine whether the people working for you are employees or independent contractors.
Last month, President Trump issued an executive order directing the Treasury department to defer Social Security Tax withholding…
Is per diem for company drivers coming back and does it matter? Recently, a bill was introduced to…
Here’s the release from the IRS regarding the 2290 extension. As you might recall, Congress had not re-authorized…
Fleet Owner Magazine Online has an articlehttp://fleetowner.com/management/news/workman-comp-costing-fleets-0307/?cid=nl_flo_dn&YM_RID= that suggests that fleet worker’s comp rates will be rising due…
** article updated March 18, 2025 ** As a truck driver, keeping track of expenses is critical—especially when…
It’s W-2 time and this year we are offering to print W-2’s and W-3’s for companies that do…
