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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.
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Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401(k), 403(b)); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known as ...
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 ...
The Subway employee is sparking a massive online debate. Need help? Call us! 800-290-4726
Since mid-March, Subway has laid off more than 150 employees, 100 of which worked at the sandwich chain's corporate offices, Alan Marcus, Subway's senior director of public relations confirmed to ...
Employees of the New York City Transit Authority assigned to the New York City Subway and in Brooklyn, Manhattan, and the Bronx are members of the Transport Workers Union of America Local 100, with Queens and Staten Island bus personnel represented by various Amalgamated Transit Union locals.
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