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

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

   Provision of tax-free qualified transportation fringe benefits to employees on or after January 1, 2018 is not tax-deductible to the employer as an ordinary business expense. [18] Per the Tax Cuts and Jobs Act of 2017, Tax-exempt employers must report tax-free qualified transportation fringe benefits provided to employees on or after January 1 ...

3. 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.

4. 15 Self-Employment Tax Deductions You Should Know - AOL

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   Here are a few of the most common self-employment tax deductions: 1. Self-Employment Tax Deduction. If you’re self-employed, you will end up paying more Social Security and Medicare tax than an ...

5. Internal Revenue Code section 162 (a) - Wikipedia

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

   It concerns deductions for business expenses. It is one of the most important provisions in the Code, because it is the most widely used authority for deductions. [1] If an expense is not deductible, then Congress considers the cost to be a consumption expense. Section 162(a) requires six different elements in order to claim a deduction.

6. How Much Is Self-Employment Tax? - AOL

   www.aol.com/much-self-employment-tax-120001832.html

   The self-employment tax is comprised of two taxes: the Social Security tax and the Medicare tax (also known as the FICA tax). As of the tax year 2023, the FICA tax rate is 15.3% — that’s 12.4% ...

7. 7 rules for taking a work from home tax deduction - AOL

   www.aol.com/7-things-know-taking-home-183004570.html

   Working from home is great, but it often comes with surprise expenses. Here are 11 tax deductions you can’t afford to overlook.

8. Job-seeking expense tax deductions - Wikipedia

   en.wikipedia.org/wiki/Job-seeking_expense_tax...

   Generally, expenses related to the carrying-on of a business or trade are deductible from a United States taxpayer's adjusted gross income. [1] For many taxpayers, this means that expenses related to seeking new employment, including some relevant expenses incurred for the taxpayer's education, [2] can be deducted, resulting in a tax break, as long as certain criteria are met.

9. Free tax filing with IRS Direct File: What you need to know

   www.aol.com/finance/free-tax-filing-irs-direct...

   IRS Direct File is a popular free program that offers guidance and support as you fill out your tax return and file your taxes directly with the IRS. And it may not be long for this world. On Feb ...