These final regulations provide rules to ensure that transportation benefits provided to employees are excludable from gross income. These final regulations reflect changes to the law made by the Energy Policy Act of 1992, the Taxpayer Relief Act of 1997, and the Transportation Equity Act for the 21st Century. These final regulations affect employers that offer qualified transportation fringes and employees who receive these benefits.
Commuters can offer a ride or look for one with a FREE listing.
This magazine can be accessed on-line or picked up a FREE copy at hundreds of convenient locations throughout the Tampa Bay area. This IRS document contains proposed regulations relating to qualified transportation fringe benefits. These proposed regulations reflect changes to the law made by the Energy Policy Act of 1992, the Taxpayer Relief Act of 1997, and the Transportation Equity Act for the 21 Century . These proposed regulations affect employers that offer qualified transportation fringes and employees who receive these benefits. The tool kit contains a program brochure which outlines the options available to employers for establishing such a program, an informational brochure designed for unions, a brochure tailored to the needs of Federal agencies, a checklist for getting started, answers to frequently asked questions by both employers and employees, sample forms and surveys to be used in implementing a Commuter Choice program, and a directory of Commuter Choice programs around the Nation.