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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 ...
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 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 ...
Huntington Notebook: Town Urges Residents to File MTA Payroll Tax Claim - Northport, NY - News and notes from the Town of Huntington.
Finding a Solution to the MTA Payroll Tax - Mineola, NY - Sen. Jack Martins calls for independent audit of MTA's finances.
The state’s highest court refused to hear an appeal of the MTA Payroll Tax. Tuesday’s ruling of the New York Court of Appeals means businesses within the Metropolitan Transportation Authority ...
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