Search results
Results from the WOW.Com Content Network
For premium support please call: 800-290-4726
In addition, truck drivers have a special way of calculating a tax deduction for per diem. All drivers who are subject to USDOT hours of service are eligible. As of October 1, 2009, the per diem rate is $59 per day, and they may deduct 80% of this amount from their taxable income. [13]
Financial firms rapidly began exploit the incentive per diem program for profit, some even buying entire shortline railroads and establishing boxcar repair facilities that could also assemble new boxcars from kits shipped by manufacturers. 11 years after the program's formation, approximately 40,000 boxcars had been built under incentive per diem.
The Interstate Highway system (2007) Estimated average annual daily truck traffic for Interstate and major US Highways (1998). Components of diesel exhaust were confirmed as an animal carcinogen in 1988 by the National Institute for Occupational Safety and Health, and by 2002, the U.S. Environmental Protection Agency (EPA) considered it "likely to be carcinogenic to humans". [8]
Travel and subsistence expenses describe the cost of spending on business travel, meals, hotels, sundry items such as laundry (though usually only on long trips) and similar ad hoc expenditures. [1]
Motor carrier deregulation was a part of a sweeping reduction in price controls, entry controls, and collective vendor price setting in United States transportation, begun in 1970-71 with initiatives in the Richard Nixon Administration, carried out through the Gerald Ford and Jimmy Carter Administrations, and continued into the 1980s, collectively seen as a part of deregulation in the United ...
[18] [19] However, other factors exert significant influence; Canada has lower roadway death and injury rates despite a vehicle mix and regulations similar to those of the U.S. [16] Nevertheless, the widespread use of truck-based vehicles as passenger carriers is correlated with roadway deaths and injuries not only directly by dint of vehicular ...
The bicycle commuter benefit was added to IRS Code 132(f) as part of the Emergency Economic Stabilization Act of 2008, signed into law on October 3, 2008. Beginning in 2009, employers were allowed to reimburse bicycle commuters up to $20 per month tax free for each month a bicycle is used for transportation between the employee's home and place ...