How does paying my truck drivers per diem help my company?
Author: Michael Ritzema, President of Superior Trucking Payroll Service 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 $66.00, 80% of which can be written off for income tax purposes. Breakdown for the Employer For every day that your driver spends working away from home $66.00 of their earnings for the day can count as per diem and won’t be taxed like