The IRS allows people who travel for business to deduct their meal expenses from their income. The Per Diem rate is set by the IRS. The current rate (as of October 1, 2015) is $63 per day in the Continental US and $68 per day while in Canada.You may hear the amount of the deduction quoted as $50.40.he IRS allows people who travel for business to deduct their meal expenses from their income. The Per Diem rate is set by the IRS. The current rate (as of October 1, 2015) is $63 per day in the Continental US and $68 per day while in Canada.
Qualified dividend. In the U.S. a qualified dividend is a type of dividend to which capital gains tax rates are applied. These tax rates are usually lower than regular income tax rates. In contrast, ordinary dividends that do not qualify for this tax preference are taxed at an individual's normal income tax rate.
Dividends are the periodic cash payments made by companies. But as you point out, some dividends are considered qualified and win preferential tax treatment; they are taxed at the same reduced rate as capital gains. Other dividends are non-qualified and are taxed as ordinary income. You can read more here about the difference between qualified and non-qualified dividends. Generally, most of the dividends you get from large U.S.-based companies that are not in the real-estate business are qualified.