Did You Know?
Bicycle Commuter Tax Provision
As reported today in the Chicago Tribune, bicycle commuters are getting a piece of the bailout pie – a sweet $20 per month.
Basically, the bicycle commuting benefit works like other employer-based transit benefit programs. The $20 reimbursement can be used for certain bicycle-related expenses. The benefit goes into effect Jan. 1.
Though questions remain, stay updated with the League of American Bicyclist's website, which has a detailed FAQ to get you started on implementing this program at your work.
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