Public transport

Posted January 6th, 2014 in Producers, Employers, Individuals

The maximum amount that can be reimbursed with pre-tax dollars for mass transit officially dropped to $130 per month for employees as of January 1st.  Last year the maximum reimbursement was $245 per month for mass transit so this may come as a shock to some employees. The decrease is a result of a tax law that expired at the end of 2013.

Posted January 10th, 2013 in Employers

Last week, President Obama signed the American Taxpayer Relief Act of 2012 (ATRA) into law, which includes tax provisions that affect those who commute to work using mass transportation or vanpools.

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