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Posts Tagged 'mass transit benefits'

Federal Budget Bill Increases Mass Transit Benefits

As part of the federal budget bill that was signed into law on December 18th, 2015, the maximum monthly tax exclusion for employer-provided mass transit benefits was increased. As a result, the limit for transit benefits is now equal to the limit for employer-provided qualified parking benefits. The increase applies retroactively to months after 2014. […]

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Posted in: Benefits and Insurance, Legislation

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