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Town Urges Residents to File Protective Claims For MTA Payroll Tax Refunds. The Town of Huntington recently filed a claim to recover MTA payroll tax payments and is urging residents to do the same
A commuter tax is a tax (generally on either income or wages) levied upon persons who work, but do not live, in a particular jurisdiction. The argument for a commuter tax is that it pays for public services, such as police, fire, and sanitation, received by and beneficial to people who work within the jurisdiction levying the commuter tax.
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 in calculating federal income tax.
Martins-Zeldin sponsored bill would phase out payroll tax by 2014. Geoffrey Walter , Patch Staff Posted Mon, Jun 6, 2011 at 10:54 pm ET | Updated Wed, Jun 8, 2011 at 3:35 pm ET