Commuter Choice Tax Benefits

In 1998, Congress approved legislation that allows employees of corporations to pay for parking and transit (including vanpool) with pre-tax dollars while employers enjoy lower overall payroll taxes. The regulations concerning transportation benefits were finalized on January 11, 2001.

When employees buy with pre-tax dollars, they avoid federal, state and employment taxes, often saving up to 40 percent (up to the authorized pre-tax limits of $230 per month).

Vanpool riders and employers can learn more about this valuable program at www.lesstaxingcommute.com

To get started call
(847) 228-2492