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The IRS made an announcement this month that is a matter of pennies but could significantly affect some taxpayers' 2010 amount owed; by reducing the allowance for mileage deductions. Claiming the ...
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.
In 2010, former U.S. Secretaries of Transportation Norman Mineta and Samuel K. Skinner called for the adoption of a VMT tax to stabilize transportation funding. [ 14 ] In March 2011, the U.S. Congressional Budget Office issued a report comparing the relative merits of fuel taxes, vehicle excise taxes, vehicle tire excise taxes, and a ...
The oldest state fair is that of The Fredericksburg Agricultural Fair, established in 1738, and is the oldest fair in Virginia and the United States. [1] The first U.S. state fair was the New York, held in 1841 in Syracuse, and has been held annually since. [2] The second state fair was in Detroit, Michigan, which ran from 1849 [3] to 2009. [4] [5]
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If you keep good records, deductions can be a great way to reduce your taxable income. Increasing your allowable deductions means the less tax you owe and the more money you get to keep. To ...
One of the most fundamental decisions to make when filing a tax return is whether to itemize deductions or to use the standard deduction. The decision tends to be a financial one: You should ...
The Texas State Fair Football Showdown took place on the third weekend of the 2018 and 2019 fair and featured Southern and Texas Southern. [14] In 2020, the Southern versus Texas Southern game moved to Arlington, Texas. The State Fair of Texas is the only fair in the United States to include a full auto show, dating back to 1913. [15]