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2. Employer transportation benefits in the United States

   en.wikipedia.org/wiki/Employer_transportation...

   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.

3. Is car insurance tax-deductible? - AOL

   www.aol.com/finance/car-insurance-tax-deductible...

   Drivers who use their vehicles for business purposes may be eligible for a tax deduction on their car insurance and other vehicle-related expenses. ... Tolls and parking fees. Garage rent.

4. Internal Revenue Code section 132(a) - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   A Qualified Employee Discount is defined in Section 132(c) as any employee discount with respect to qualified property or services to the extent the discount does not exceed (a) the gross profit percentage of the price at which the property is being offered by the employer to customers, in the case of property, or (b) 20% of the price offered for services by the employer to customers, in the ...

5. Is Car Loan Interest Tax Deductible? - AOL

   www.aol.com/car-loan-interest-tax-deductible...

   Car loan interest isn’t the only tax-deductible expense for business vehicles. If you don’t use the standard mileage rate , you may be able to deduct actual car expenses. According to the IRS ...

6. Business mileage reimbursement rate - Wikipedia

   en.wikipedia.org/wiki/Business_mileage...

   The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...

7. Is Rent Tax Deductible? - AOL

   www.aol.com/rent-tax-deductible-184415469.html

   Here’s a closer look at when rent is tax deductible. Trending Now: ... According to the IRS, some examples include alimony payments, business use of your car or home, money you put into an IRA ...

8. 11 Tax Deductions You Can Take If You Have Rental Income - AOL

   www.aol.com/11-tax-deductions-rental-income...

   Here’s a list of common tax deductions if you have rental income: Mortgage interest. Property tax. Operating expenses. Depreciation. Repairs, including materials and supplies. Interest. Taxes.

9. Public policy limitation on deduction for business expenses

   en.wikipedia.org/wiki/Public_Policy_Limitation...

   For example, § 162(c)(1) disallows a deduction for illegal bribes or kickbacks to a domestic government official or agency, and § 162(f) disallows a deduction for fines paid to the government for violating the law. Furthermore, § 280E prevents a taxpayer from taking a deduction related to the business of selling illegal controlled substances.