Unlocking the Secrets of the Per Diem Tax Break: A Guide for Truck Drivers
Are you a truck driver looking to maximize your tax savings? Interstate Truck Center is here to guide you through the intricacies of the per diem tax break. From semi repair in Sidney to reefer trailer service , we've got your tax-saving journey covered. Understanding Per Diem for Truck Drivers Per diem, Latin for "per day," is an allowance provided by employers to cover daily expenses while on the road. For truck drivers, who spend a significant amount of time away from home, per diem can be a valuable tax break. Key Components of Per Diem Meals: Per diem covers meal expenses incurred while on the road. With varying rates depending on the location, per diem for meals aims to offset the cost of eating out. Lodging: Truck drivers often require overnight stays in hotels or sleeper berths. Per diem includes allowances for lodging expenses, offering relief for these costs. Incidentals: Additional expenses like laundry, tips, and other incidentals are also covered under per...