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A $0.50 per gallon credit for propane and natural gas and an alt-fuel infrastructure incentive are among tax provisions retroactively applied to last year.
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Many transportation companies are not taking advantage of some of the applicable tax credits. Here, a CPA provides details on fuel tax savings and a work opportunity credit.
Read More →If you are a business owner in the school bus industry, you might not have much free time to think about succession planning. But a plan for the future ownership of your business is not optional.
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A union has rehashed the prop from a campaign it ran last year, this time for a ballot measure to raise the state's sales tax to generate more money for road repairs and schools. Pupil transportation associations have objected to the image.
Read More →The move would help taxpayers and school districts save nearly $14 million per year, according to the New York School Bus Contractors Association.
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The U.S. biodiesel market fell from nearly 1.8 billion gallons in 2013 to 1.75 billion gallons in 2014. The National Biodiesel Board points to policy uncertainty in Washington.
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Fuel and infrastructure tax credits for propane, natural gas and biodiesel are among tax provisions that have been retroactively extended through 2014.
Read More →Arlington (Wash.) Public Schools leaders are looking for support for a two-year levy on the Nov. 4 general election ballot expected to generate $1.5 million each year to replace old school buses. Nearly half the district’s fleet is at least 13 years old and fully depreciated.
Read More →School bus operations have been exempt from the federal fuel tax since 1978. Keeping it that way is a key concern for many in the industry.
Read More →The bill, signed into law last week, is designed to give flexibility to school districts facing transportation budget reductions. The legislation allows districts that have lost at least 10% of their transportation fund levies due to property tax caps to use money from other funds to pay for transportation through 2016.
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