The IRS announced new per diem rates for fiscal year 2027, effective Oct. 1, 2026. As a reminder, using the per diem method can reduce receipt-keeping, but employees still must substantiate the time, place and business purpose of their travel.…
Expense Reimbursement
The IRS has increased 2026 mileage rates for the second half of the year due to rising fuel prices. Here are the changes that took effect on July 1. The business standard mileage rate is 76 cents per mile, up…
Beware of auto pilot when issuing expense reimbursement checks to employees. Some, or all, of the money may technically be wages instead. Says who? The DOL. New guidance from the agency sheds light on a common scenario businesses face: Employees…
