Commuter Benefits – Tax Savings, Qualified Expenses, Advantages, and More
Transportation costs related to getting to and from the workplace are rarely comparable to a person’s healthcare expenses. However, vanpools, transit passes, parking fees, and associated expenses are still significant. To ease this financial burden, the IRS created a way for commuters to save money on these work-related costs. Commuter benefits have become a staple in many employer benefits plans, especially in major metropolitan areas throughout the United States. What’s Included in Commuter Benefits The