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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 in calculating federal income tax.
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 ...
Per diem. Per diem (Latin for "per day" or "for each day") or daily allowance is a specific amount of money that an organization gives an individual, typically an employee, per day to cover living expenses when travelling on the employer's business. A per diem payment can cover part or all of the expenses incurred.
Frequent-flyer program. A frequent-flyer programme (FFP) is a loyalty program offered by an airline. Many airlines have frequent-flyer programmes designed to encourage airline customers enrolled in the programme to accumulate points (also called miles, kilometers, or segments) which may then be redeemed for air travel or other rewards.
Website. bnsf.com. BNSF Railway (reporting mark BNSF) is the largest freight railroad in the United States. One of six North American Class I railroads, BNSF has 36,000 employees, [1] 33,400 miles (53,800 km) of track in 28 states, and over 8,000 locomotives. [2] It has three transcontinental routes that provide rail connections between the ...
They comprise just one percent of the number of freight railroads, but account for 67 percent of the industry's mileage, 90 percent of its employees, and 93 percent of its freight revenue. A regional railroad is a line haul railroad with at least 350 miles (560 km) and/or revenue between $40 million and the Class I threshold. There were 33 ...
United Airlines, Inc. is a major airline in the United States headquartered at the Willis Tower in Chicago, Illinois. [9] [10] [11] United operates an extensive domestic and international route network across the United States and all six inhabited continents [12] primarily out of its eight hubs, with Chicago–O'Hare having the largest number of daily flights [13] and Denver carrying the most ...
A vehicle miles traveled tax, also frequently referred to as a VMT tax, VMT fee, mileage-based fee, or road user charge, is a policy of charging motorists based on how many miles they have traveled. It has been proposed in various states in the United States including Illinois who are currently following through with implementing this tax, and ...
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