Search results
Results from the Go Local Guru Content Network
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. The qualified transportation benefits are transit passes, vanpooling, bicycling, and parking ...
The Chicago Transit Authority (CTA) is the operator of mass transit in Chicago, Illinois, United States, and some of its suburbs, including the trains of the Chicago "L" and CTA bus service. In 2023, the system had a ridership of 279,146,200, or about 977,000 per weekday as of the second quarter of 2024. The CTA is an Illinois independent ...
This tax, known popularly as the "mobility tax", or the "MTA tax", is intended to provide funds for the Metropolitan Transportation Authority, which transports many of the region's commuters. Philadelphia has a 3.924% wage tax on residents and a 3.495% tax on non-residents for wages earned in the city as of August 2013.
New York City Transit — the MTA branch responsible for the city subways and buses — spent $119 million more on overtime last year as its workers' average pay increased to $84,265 from $79,916 ...
That’s because they’re required to maintain the sale tax collection rate used in 2022 when it passed. That would be a loss of $3.5 million in transit support grants and $1.925 million in ...
MTA employees also suffered due to the budget issues. By mid-July 2010, MTA layoffs had reached over 1,000, and many of those affected were low-level employees who made less than $55,000 annually. [143] As of 2015, the MTA was running a $15 billion deficit in its $32 billion 2015–2019 Capital Plan. [144]
NEW YORK CITY — A 54-year-old MTA worker reportedly lied to authorities about being slashed inside a New York subway station last month in an attempted to get time off work, according to ...
Across Illinois, the effective annual property tax rate stands at 1.97%, the second highest among states. For context, homeowners in the U.S. pay an average of 1.03% of their housing value in ...