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An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132 (a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income ...
CONNECTICUT — Employees in Connecticut will see a new payroll deduction in the new year. Beginning Jan. 1, employees will have some money deducted from their paychecks to fund Connecticut’s ...
On February 1, 2023, as part of her Executive Budget proposal to the New York State Legislature, Governor Kathy Hochul proposed raising the MTA payroll tax, a move projected to increase revenue by $800 million, and also giving the MTA some of the money from casinos expected at present to be licensed soon for business in Manhattan.
The state Senate has passed legislation to derail the payroll tax put in place last year to rescue the Metropolitan Transportation Authority from a big budget deficit.
New York State Senator David Carlucci (D-New City) visited Adam Lipson at the office of his Pearl River business to discuss the benefit of the reduction in the MTA Payroll Tax. Ryan Buncher ...
Some might see a bigger 2024 tax refund after inflation adjustmentsaol.com- Taxes 2023: Here are the biggest tax changes this yearaol.com
- State-mandated IRAs: How they encourage employers to start 401(k) plansaol.com
Nonprofits, Public Institutions: MTA Payroll Tax Reduction not Enough - Hauppauge, NY - Hauppauge public entities and nonprofits glad to see partial repeal of the MTA Payroll Tax, but hope...
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