Posts Tagged "tax benefit"
Congress permanently increases commuter tax benefit for transit riders
After years of effort from T4America, the Association for Commuter Transportation and scores of others, in late 2015, Congress finally raised the pre-tax benefit that can be claimed for commuting via transit, permanently equalizing that fringe tax benefit with the benefit for parking expenses.
House bill extends transit benefit through 2014, leaving permanent extension in doubt
Transit commuters would get two weeks’ worth of additional tax benefit under a House bill introduced yesterday.
Transit benefit once again slated to be cut in half — tell Congress to move
Last November, we posted an action alert on the potential for millions of Americans to see the cost of their commute suddenly rise. Congress wisely chose to extend to $230 per month tax benefit for transit as part of the 2010 package extending the Bush tax cuts, continuing transit parity with the $230 deduction available […]
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