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Per diem. 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.
Temporary duty assignments usually come with per diem pay, covering lodging, meals, and incidental expenses. [1] Many employees value the per diem aspect of a TDY, since that money is guaranteed, even if they spend less than their allotted daily value. However, most agencies handle the lodging per diem separately from the meals and incidentals ...
For all members of the House of Representatives and Senate. Year. Salary. Per diem / annum. Auto COLA adj. In 2023 dollars (when instituted) In 2023 dollars (year prior to next increase) 1789. $6.
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 ...
per curiam: through the senate: Legal term meaning "by the court", as in a per curiam decision: per definitionem: through the definition: Thus, "by definition" per diem (pd.) by day: Thus, "per day". A specific amount of money an organization allows an individual to spend per day, typically for travel expenses. per fas et nefas: through right ...
An allowance is an amount of money given or allotted usually at regular intervals for a specific purpose. In the context of children, parents may provide an allowance ( British English: pocket money) to their child for their miscellaneous personal spending. In the construction industry, an allowance may be an amount allocated to a specific item ...
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 ...
The Davis–Bacon Act of 1931 is a United States federal law that establishes the requirement for paying the local prevailing wages on public works projects for laborers and mechanics. It applies to "contractors and subcontractors performing on federally funded or assisted contracts in excess of $2,000 for the construction, alteration, or ...