Per diem interest is the interest a mortgage lender charges for the days between your closing date and the first day of the billing cycle. Lenders may ask you to pay per diem interest as a lump sum ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Katie Miller is a consumer financial services expert. She worked for almost two decades as ...

The alternative of an allowance for daily expenses, a per diem, is permissible for meals and incidental expenses (M&IE). For sponsored program travel, the per diem arrangements may require prior ...

According to the Internal Revenue Service, a per diem allowance that is within the rates set in IRS publication 1542 and accounted for through an expense report does not need to be reported anywhere ...

The Defense Department has announced that per diem rates for military travel will remain go up slightly for fiscal 2023, which runs from Oct. 1, 2022, to Sept. 30, 2023. The standard per diem rate ...

If you’re traveling for business reasons, you’ll probably incur lodging, meal and incidental expenses. This is where per diem payments come in. Your employer provides these as reimbursement for such ...

New management always thinks they know how to “fix” things, even when nothing is broken. So, what would you do if your company suddenly changed its expense policy, forcing you to track every penny ...

Per diem interest means daily interest: “diem” is Latin for “day.” In the home financing world, the term applies to the interest you’ll pay, based on your mortgage rate but calculated by the day, in ...