Commuter benefits, also known as qualified transportation fringe benefits, are federal tax benefits authorized under the IRS Code Section 132(a). These voluntary benefits were designed to provide tax incentives to employees to encourage the use of mass transportation. Commuter benefits include things like providing employees a transit or vanpool subsidy, allowing pre-tax purchase of transit passes or vanpool fares, and in some cases work-related parking costs. For more information on Commuter Benefits programs, download The Building Blocks of Commuter Benefits.
Curious about what the actual value is to your company? Check out the Business Benefits Calculator to see your company's potential tax savings.
By providing commuter benefits you may be eligible to receive national recognition as a Best Workplaces for Commuters. If you are interested in earning the Best Workplaces for Commuters designation, PART can support and walk you through the application process. For more information, email the PARTnership program or call us at 336-883-7278.