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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 ...
The New York City Transit Authority (also known as NYCTA, the TA, [2] or simply Transit, [3] and branded as MTA New York City Transit) is a public-benefit corporation in the U.S. state of New York that operates public transportation in New York City. Part of the Metropolitan Transportation Authority, the busiest and largest transit system in ...
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.
LONG ISLAND, NY — A total of 43 LIRR employees earned more than $250,000 in 2020, according to payroll data released by the Empire Center for Public Policy. Of those, 19 workers topped $300,000...
NEW YORK CITY — A Long Island Rail Road worker claimed 10 hours a day of overtime, earning $344,000 extra pay, while he actually went bowling. Another MTA worker raked in more than $200,000 in ...
Finding a Solution to the MTA Payroll Tax Sen. Jack Martins calls for independent audit of MTA's finances.
The Los Angeles County Metropolitan Transportation Authority operates the third-largest public transportation system in the United States by ridership with a 1,433 mi 2 (3,711 km 2) operating area and 2,000 peak hour buses on the street any given business day. Metro also operates 109 miles (175 km) of urban rail service. [1]
NYS Senators Greg Ball and Lee Zeldin presented their plan to phase-out the MTA payroll tax during a press conference in Yorktown on Wednesday. Plamena Pesheva , Patch Staff Posted Thu, Jun 9...
State employees who possess a Maryland State Employee ID card can ride MTA local bus, Light Rail, and the Metro Subway free of charge. Any state employee with the ID card can get a continuation ticket to get through the gates on the Metro Subway. For the bus, the person shows the state employee ID card to the driver when boarding.
NEW YORK, NY — A Long Island man — once deemed the highest-paid employee of the entire Metropolitan Transportation Authority with over $200, 000 in overtime pay — was sentenced to eight ...