Reward your employees with this unique tax-free benefit
Looking for a new benefit to give your employees?
Consider offering a commuter benefit program. This program not only makes your
business look more appealing, but it is environmentally friendly and a tax-free benefit for your employees. Here’s
how it works.
Your company can provide:
• $125 per employee per month for public transportation
(car pool, bus, ferry, rail, etc.).
• $240 per employee per month for qualified parking.
• $365 per employee per month for both public transportation
and qualified parking.
Alternatively, you can provide your employees $20 each
month for regularly commuting to work via bicycle, as long as they don’t
receive any other qualified transportation benefits.
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