Monday, February 22nd, 2010 | Author: Richard
Question:
I am a contract employee. The company I work for is located in Boston, Ma. The company I am assigned to work at is in Phoenix, AZ. My home is in New Mexico. The GSA per diem rate is about $80.00 more per day than what the companies are paying me. Are they required to pay me the GSA rates?
Answer:
No. They can pay as much or as little as they can negotiate. The GSA per diem is really a Maximum number; they are limited to not being able to deduct more than the GSA per diem rate. So if the negotiation was for $275 a day, they would only be able to deduct part of the $275 (within the rates in IRS pub 1542).
Related posts:
Category: Tax Issues
