General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTax scam bill - Commuting to work. Sorry bike riders.
Commuting
Employees should also note that buried in the tax law are changes affecting commuters. The tax law eliminates a break that currently allows companies to deduct some of the cost of providing parking and transit passes. It also ends a $20 a month benefit to help cover the costs of employees who bicycle to work.
The provisions could push employers to stop subsidizing their workers tabs for parking, mass transit and bike maintenance.
https://www.bloomberg.com/news/articles/2017-12-22/wealthy-americans-are-already-trying-to-exploit-the-new-tax-law?utm_campaign=pol&utm_medium=bd&utm_source=applenews
MissB
(15,810 posts)It is so much cheaper to bike than to drive. (I drive; DH bikes.)
Yo_Mama_Been_Loggin
(108,010 posts)gratuitous
(82,849 posts)I've never received such a benefit, and its existence is news to me. I wonder if I can get that two or three grand retroactively?
kelly1mm
(4,733 posts)for bike commuters, not for the employee themselves. So no back payment for you ......
It's true that our office building provides bike racks for free in the underground parking garage. This being bicycle-mad Portland, I doubt they'll remove the racks just because the subsidy is ending, but youneverknow.