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Posts Tagged 'transit'

IRS Releases Guidance on Retroactive Transit Benefit Increase

Last month, legislation was passed that retroactively increased the 2014 transit benefit monthly limit from $130 to $250. The IRS has issued new guidance to help employers understand what action they may need to take. This includes a special administrative procedure for employers to use in filing Form 941 for the fourth quarter of 2014. Special […]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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Employer Alert: Transportation Benefits in 2014

To help offset the high cost of commuting, many employers have implemented (or considered implementing) a qualified transportation plan as part of their employee benefit programs. A transportation benefit program typically includes items such as parking expenses, transit passes, vanpooling expenses, and more. If you currently have a transportation benefit program in place or are considering […]

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Posted in: Benefits and Insurance, Human Resources, Legislation

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