26 February, 2019
With more than 150 million workers in the United States, the number of people commuting to work every day is staggering. According to the U.S. Census Bureau, approximately 85 percent of those workers commute by car, while nearly 5 percent take some form of public transport. Upon arriving to work, em...
20 October, 2017
The IRS has released the 2018 FSA and Transit/Parking plan limits. Please refer to the chart below to see the new 2018 limits and a side-by-side comparison of the 2017 limits. 2018 contribution limits released The IRS has released some of the limits for 2018. We have created a helpful chart that you...
15 November, 2016
It’s that time of the year again – employers are preparing for payroll and benefit changes for 2017. The IRS issued dozens of tax provisions in Revenue Procedure 2016-55, including transportation, health savings accounts and flexible spending arrangement limits.
Transportation Benefits
Transportat...
09 March, 2016
About 2.7 million U.S. workers receive pre-tax commuter benefits from their employers through an IRS Section 132 plan. At the federal level, legislation passed in late 2015 that established equal tax-free limits for transit passes, van-pool benefits and parking benefits, retroactive to January 1, 20...
12 January, 2016
As 2015 has come and gone, most people are looking ahead to what 2016 will bring. Whether their resolutions include personal health, professional growth, or time with loved ones, chances are good that the benefits they receive at work will be important to at least one of the goals. Check out some of...