In a dark little corner of the tax code known as Section 132(f), the IRS lets employers provide tax-free benefits—typically, payroll deductions and/or subsidies—to employees for commuting costs. That includes vans, buses, bikes, trains, and even parking. And both parties can save, since they’re not getting dinged for their respective taxes on the amount of the benefit.
The maker of high-tech police cars would occupy about a third of the plant if buyer of facility makes good on $4 million purchase offer.
A former concrete plant in Greenwood faces the wrecking ball to make room for a wider road. The city plans to raze the former Prairie Materials concrete plant so it can turn Worthsville Road into a major boulevard that can handle traffic from a planned Interstate 65 exit.
Indiana and Kentucky officials applauded the ceremonial start Thursday of an early phase of a project to build two new Ohio River bridges, signaling that decades of talk soon will become one of the nation's largest active public works endeavors.
FedEx would bring a distribution complex to Zionsville under a tax increment financing deal hammered out with town redevelopment commission members on Wednesday.
BP says the size of its gasoline recall is now more than twice as large than previously reported, with 4.7 million gallons distributed over the past week to about 200 gas stations as far as southwestern Ohio and southern Indiana.
As Hurricane Isaac swamps the nation's oil and gas hub along the Gulf Coast, it's delivering sharply higher pump prices to storm-battered residents of Louisiana and Mississippi — and also to unsuspecting drivers up north in Illinois, Indiana and Ohio.
Anderson is the first city in Indiana to try a process that uses infrared technology to heat and melt existing asphalt, which is then broken up and removed, mixed with fresh oil and returned to the road surface.
Toyota says it is hiring the first wave of new employees this fall for an expected 400-person addition to the work force at its southwestern Indiana factory.
Carmel-based KAR Auction Services Inc. isn’t commenting on a report by Reuters that it is talking with private equity firms about taking the company private for the third time in its 30-year history.
Indianapolis will spend $2 million this year to create its first comprehensive, modern inventory of its streets and sidewalks.
Nearly a year after launching an associate degree with input from industry leaders trying to solve a logistics skills gap, Harrison College wants to offer logistics classes closer to where potential students work.
Cicero, Ill.-based Royal Box Group LLC said it plans to add 32 employees by 2017 and spend $3.8 million to build and equip a new plant in Greenfield.
Central Indiana’s rail terminal to the world is CSX Transportation’s Avon yard, in Hendricks County. But don’t look for much in the way of rail shipments from here directly to the West Coast. The yard operates well below capacity. Meanwhile, CSX has been investing hundreds of millions of dollars in infrastructure upgrades to terminals in Ohio and farther east.
An ordinance that would require new and rebuilt streets in Indianapolis to be designed and constructed with multiple users in mind has been passed by the City-County Council.
The new U.S. 31 highway project is designed to make travel faster and safer between South Bend and Indianapolis, but many aren’t happy with the property-acquisition process.
The first 65 miles of Indiana's Interstate 69 extension from Evansville to Indianapolis are expected to open to traffic in November once contractors finish up the project's first leg, state highway officials said.
Proposals from firms seeking to manage and operate Indianapolis International Airport’s central energy plant must be received by 2 p.m. Sept. 5.
The program allows travelers to be screened before they even show up to the airport. The TSA collects fingerprint data, a background check, and other information, and travelers can keep their shoes and belts on.
Several Great Lakes states have seen prices surge about 40 cents per gallon in the last week. That follows a pipeline rupture and shutdown in Wisconsin and equipment problems at refineries in Indiana and Illinois.
