Up to $1,700 Still Available for Companies that Offer Pre-Tax Transit Program
For a limited time, Cook County employers are still eligible to receive up to $1,700 for enrolling employees in a pre-tax transit benefit program. The transit benefits program allows employees to buy transit fare (Metra, Pace, CTA) before their paycheck is taxed, reducing their taxable income and saving up to $400 a year without costing their employers a dime.
But what can $1,700 really do for a company? Not much, right? Actually, $1,700 gets you:
- 106 boxes of coffee at Dunkin’ Donuts
- Two Steelcase “Think” chairs
- Three color copier/scanner/fax machines
- 4,200 reams of printer paper
The incentive program is ending soon, so companies are encouraged to act quickly to take advantage of the program. To sign up, visit http://lesstaxingcommute.com or email James Drew at firstname.lastname@example.org for more information.