News

Important 2012 Transit Benefit Information

Dear TranBen friends & clients, On January 1st, 2012, the maximum level of transit fringe benefit will drop from its current level of $230.00 per month to its previous level (adjusted for inflation) of $125.00 per month.  Until Congress determines that the transit fringe benefit should again be on par with the parking fringe benefit

Senate Passes Tax Package Without Transit Benefits Or Alternative Fuel Tax Credits; No Vote On Measure In The House

Senate Passes Tax Package Without Transit Benefits Or Alternative Fuel Tax Credits; No Vote On Measure In The House This past weekend, the Senate voted overwhelmingly (89-10) to pass a temporary, compromise bill extending the current payroll tax rate and unemployment insurance until the end of February 2012. The bill also includes language that addresses