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The Alien Flight Student Program (AFSP; designation no longer used since January 26, 2022) or Flight Training Security Program (FTSP; current designation after January 26, 2022) is a program operated by the United States Transportation Security Administration to screen prospective flight student candidates who are not citizens of the United States, before they are allowed to undergo pilot ...
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.
Registered traveler programs are currently in operation in various airports around the country and are administered by TTAC, the Transportation Security Administration (TSA) office responsible for Secure Flight, the replacement for the Computer Assisted Passenger Prescreening System (CAPPS) and the canceled CAPPS II counter-terrorism system.
To claim your tax credit or deduction on your tax return, you’ll first need to review your numbers on the IRS Form 1098-T sent to you by your education institution. It will include the qualified ...
For information on the third coronavirus relief package, please visit our “American Rescue Plan: What Does it Mean for You and a Third Stimulus Check” blog post. Introduction The IRS allows ...
Current tax law does not allow for a direct deduction of K-12 private school tuition from your taxable income in most cases. However, there are alternative methods that can effectively serve the ...
ATP Flight School solely focuses on airline-oriented flight training, operating their programs with a fixed-cost, fixed timeframe training model. ATP's primary product offering is an ab-initio airline pilot training program, which provides pilot certification from zero experience through commercial multi-engine pilot , with certificated flight ...
Claiming tax deductions can help to reduce your taxable income for the year. As a parent, there are a number of child-related expenses you might be able to write off to lower your tax liability.