Tag: Per diem

According to the NBA's Collective Bargaining Agreement (CBA), players receive a daily meal allowance, or per diem, for meals during travel. So, do NBA players pay for their meals? Not in the traditional sense when on the road, as their team compensates them for food expenses.

With millions of households struggling with rising food costs, many people wonder, "Can I get a food allowance to help with expenses?" The answer depends on your specific circumstances, as food assistance can come from multiple sources, including your employer or government aid programs, with varying eligibility requirements.

According to the U.S. General Services Administration (GSA), per diem rates for meal and incidental expenses (M&IE) apply to federal employees, but also serve as a benchmark for many private companies. Understanding the specific limitations of these policies, especially concerning second meals, is crucial for proper expense reporting.

For the 2025 federal fiscal year (October 1, 2024, through September 30, 2025), the standard US Meals & Incidental Expenses (M&IE) food allowance increased to $68 per day. Understanding these updated figures is crucial for both businesses managing travel expenses and individuals receiving government assistance, as food allowance for 2025 rates vary significantly across different contexts.

According to tax authorities in many jurisdictions, a correctly managed per daily allowance can be non-taxable income for employees on business travel. This fixed daily payment, also known as 'per diem,' is a common practice in business, but the term's meaning can vary significantly depending on the context.

According to a 2023 study by the USDA, food insecurity in the U.S. remains a concern, making meal benefits a valuable component of compensation. This article explains exactly how does food allowance work, detailing the different formats, tax rules, and legal considerations for both employers and employees.

According to the US General Services Administration (GSA), the recommended per diem rate for meals and incidentals can vary significantly by location, sometimes exceeding $70 per day in high-cost areas. This exemplifies how a daily food allowance is a set amount of money provided to an individual to cover meal and incidental expenses incurred while away on official duties or business travel. This stipend simplifies expense tracking and ensures that employees are fairly compensated for out-of-pocket food costs.