Biking to Work this spring?
The
MVTMA has the information to make your commute
car(e)FREE.
-
Take Your Bike on the MBTA or
MVRTA!
Want to ride your bike to work, but maybe
think your commute is a little too long? Why
not take public transportation part of
the way and ride your bike from a location
that’s convenient and comfortable
for you. Both the MBTA and the MVRTA
allow you to take your bike on their buses
and/or trains. Click these links
for specifics for MBTA and MVRTA bike
policies.
New in 2009 Tax Free
Benefits added for Bike Commuters in 2009
The Emergency
Economic Stabilization Act of 2008 : H.R.
1424: (bailout)
bill signed into law by President Bush
on October 3, 2008 includes expanding qualified
transportation fringe benefits (Section
132(f) ) to allow up to $20.00 per month
for bicycle commuters. Bicycle benefits
will take effect in January of 2009.
This benefit means that employers may provide
employees with up to $20 in tax-free bicycle
benefits per month up to $240 per calendar
year for reasonable expenses incurred by
the employee during the calendar year for
the purchase of a bicycle and bicycle improvements,
repair, and storage if the bicycle is regularly
used by the employee to travel between the
employee's residence and place of employment. FRINGE
BENEFIT FOR BICYCLE COMMUTERS. |
