Transportation Expenses

Transportation Expenses

Transportation expenses for an employee or self-employed taxpayer include only the cost of transportation incurred in the course of business or employment when the taxpayer is not away from home in a travel status. Deductible costs include the cost of operating the taxpayer's auto, car rental fees, and taxi fares. Commuting expenses are not deductible.
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3rd Circuit: Policy to Limit Extended Transportation Expenses May be Bad Faith
Gaite also stressed that this method would only place more burden on poor Filipinos, as commuters would have to shoulder higher transportation expenses caused by additional bus or jeepney rides.
Realized an average natural gas price, before the impact of cash settled derivatives and firm transportation expenses, of $3.01 per Mcf, a $0.14 per Mcf discount to the average monthly NYMEX settled natural gas price during the quarter, with the price differential better than the Companys previously issued guidance and analyst consensus expectations.
It is also going to reduce transportation expenses.
If payment is not received by month's end, a transfer from the working cash will be required to pay transportation expenses, he said.
Sources said this could save exporters Rs90,000 per truck in transportation expenses. Apart from this, at the suggestion of Karachi exporters, work has begun on a project to reserve high protein and gluten wheat from Punjab and Sindh for export only.
"This bill will allow workers across the state to set aside money to go towards their transportation expenses, like park and ride parking or transit passes, pre-tax," Weinberg said in a statement.
Lower costs lead to improved capital efficiency and enhanced competitiveness: Cash costs projected to decrease by approximately $200M, driven by lower gathering, processing and transportation expenses partially offset by slightly higher production and general and administrative expenses as a result of production and working interest mix; EBITDA generated per boe projected to increase by approximately 12%-15%, based on recent strip prices.
He stressed that this railway will significantly decrease the transportation expenses.
Now they will have to walk a long distance to reach their school or they will leave their study because their parents cannot afford transportation expenses.
Through the agreement, the credit union will underwrite tuition and transportation expenses for 500 students who qualify for Midway's No Child Left Ashore Scholarship Fund.
'Utilities like electricity, water and cooking gas make up 8 percent, house rent 15 percent, transportation expenses 11 percent and education needs 13 percent of the total budget,' he added.

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