DEFINITION of 'Closing Points'. Points that are paid at the time of closing of a mortgage transaction. Closing points are paid to either the lender or the broker, and one point equals one percent of the total loan amount. Closing points are also known as discount points or mortgage points.oints that are paid at the time of closing of a mortgage transaction. Closing points are paid to either the lender or the broker, and one point equals one percent of the total loan amount. Closing points are also known as discount points or mortgage points.
50% usually for the rest. Truckers usually are allowed 80% of a $59 per diem rate. While the rest are allowed 50% of a $46 per diem rate. Some locales have higher rates, and exceptions can apply, but generally the $59/$46 and 80%/50% rates will apply to most circumstances.You may wish to research more if the trucker is self employed, or an employee etc.hile the rest are allowed 50% of a $46 per diem rate. Some locales have higher rates, and exceptions can apply, but generally the $59/$46 and 80%/50% rates will apply to most circumstances.
One way that truck drivers can offset some of their earnings and receive a tax deduction is to use the per diem allowance established by the Internal Revenue Service.This information is published in IRS Publication 463 and establishes the limits for daily meal deductions that truck drivers can take.Employers, on the other hand, adhere to Publication 1542, which establishes the maximum per diem rates the employer can pay the employee as a reimbursement of expenses.ou can take these when your company does not provide its own standard per diem allowance. Publication 463 indicates that the standard per diem meal allowance is $46 per day, as of 2013, for most small communities.