Question:

What are commuter checks?

by Guest63990  |  earlier

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what is the real benefit and the shortest explanation to it.

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  1. Commuter Check is a national program that offers vouchers redeemable for transit passes, tickets, tokens, vanpool fares or parking expenses. They are provided tax-free to employees in various denominations up to $110 per month for transit and up to $215 per month for parking. With this program, employees save hundreds of dollars each year on their commuting costs, while employers can save on their payroll taxes.

    Commuter Checks are used as an employee benefit, either as a substitute for taxable salary or supplemental benefit. It allows employers to be fully IRS compliant.

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