US EditionHouse bill would offer employers tax deduction for transit benefits
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House bill would offer employers tax deduction for transit benefits
A New York-bound Long Island Rail Road train approaches the Floral Park station. A House bill seeks to reestablish employeer tax deductions for transit benefits. David Lassen WASHINGTON — Legislation reintroduced in the House of Representatives seeks to encourage employer support by reestablishing a tax deduction for transportation fringe benefits. The Supporting Transit Commutes Act, introduced in January, has bipartisan backing, with sponsorsh…
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