The Commuter Choice federal tax benefits program allows you to designate up to $255 per month of pre-tax dollars from your paycheck to be used towards commuting expenses. This includes transit passes, vanpool fares or parking fees.
If you’re a bicycle commuter, you may use up to $20 per month for your bicycle commuting costs. Some employers choose to subsidize the cost of transit, vanpool, bicycling and/or parking costs. Either way, it’s a win-win since this program allows the employee to save on sales taxes and the employer to save on payroll taxes.
Contact us at firstname.lastname@example.org for assistance setting up Commuter Choice program at your organization