Bike to Work Day 2010 in San Francisco. Photo credit: Bay Area Fair Trade Coalition
In an earlier post here at 511 Contra Costa we noted that commuter benefits for vanpooling and public transportation had been restored through the American Taxpayer Relief Act of 2012 (HR 8) to be on par with the qualified parking benefit
For the 2013 calendar year:
up to $245 per employee withholding per month for vanpool and all public transportation
up to $245 per employee withholding per month for qualified parking, or
up to $490 per employee withholding per month for both public transportation and qualified parking
This is great news but how does one go about setting aside pre-tax income for a commute benefit?… Read the rest
