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Webinar: Commuter Benefits Taxes in Plain English
November 12 @ 2:00 pm - 3:00 pmFree
Qualified Transportation Benefits, also known as Commuter Benefits, are designed to help employees reduce their costs of commuting. How does this section of the IRS tax code affect employees involved in last spring’s rapid rush to telework? Can they write off expenses for their new home offices? Are there any additional savings for their employers? Ed Sturm and Tammie Eichmann from Deloitte will illuminate in plain English the 2020 updates to the federal tax code for employer-sponsored transit, vanpool, biking, and parking benefits. They will also give a refresher on what is deductible and what is taxable in Section 132(f) of the IRS tax code. Thursday, November 12, 2pm-3pm (free)