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Tax-free commuter benefits, also known as qualified transportation fringes, are employer provided voluntary benefit programs that allow employees to reduce their monthly commuting expenses for transit, vanpooling, bicycling, and work-related parking costs. The benefit is a federal tax benefit authorized under the Internal Revenue Code Section ...
Internal Revenue Code Section 132(a) provides eight types of fringe benefits that are excluded from gross income.These include fringe benefits which qualify as a (1) no-additional-cost service, (2) qualified employee discount, (3) working condition fringe, (4) de minimis fringe, (5) qualified transportation fringe, (6) qualified moving expense reimbursement, (7) qualified retirement planning ...
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. ยง 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...
California no longer bans state-funded travel to more than half of the country. Gov. Gavin Newsom on Wednesday signed Senate Bill 447 into law, ending the seven-year-old travel ban that prohibited ...
In each metro area we studied, drivers earn well below the minimum wage. In California, for example, rideshare passenger drivers for companies like Uber and Lyft take home $7.12 per hour in median ...
FEMA agreed to pay 75% of the cost, later increasing that to full reimbursement. California officials argued to the federal agency that no notice was provided on the policy change.
California Assembly Bill 1887, or AB 1887, is a state statute that banned state-funded and sponsored travel to states with laws deemed discriminatory against the LGBTQ community. The bill includes exceptions for some types of travel the state has defined as necessary. Before the bill's repeal, travel to 23 states was banned. [1]
The Central Coast saw more than $9.3 billion in total travel spending in 2023, the report said, with about $8.9 billion of that coming from visitors. That resulted in 87,820 jobs and $885 million ...