NYC Law Will Require Businesses to Offer Employees a Tax Break for Commuting Expenses
Starting Jan. 1, 2016, New York City will require employers with twenty full-time employees and above to provide their employees with pretax earnings to buy rides. The NYC Transit Ordinance will extend benefits to more than 450,000 employees, and require city businesses to enroll their employees in a tax break for commuting expenses up to $130…
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