The Employer Parking Incentive Program provides preferred parking to car poolers at job sites. These spaces are typically the best spaces in the parking lot, close to the building, in the shade or in a covered location. Tax Benefits Employer parking incentive programs are like money in the bank. Employers save on payroll related taxes.
Employees save on federal income taxes.
Employers receive a tax benefit. Numbering the spaces helps with monitoring the program. Also, list the make, model and vehicle license plate numbers. If assigned parking spaces are designated, clearly mark the space number on the placecard as well. If applicable, have on-site security monitor the preferential parking spaces as part of their daily rounds.