Up to $1,700 Still Available for Companies that Offer Pre-Tax Transit Program : Center for Neighborhood Technology

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:

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 jdrew@cnt.org for more information.

This entry was posted on Monday, August 29th, 2011 at 4:31 pm and is filed under Featured Portfolio News, Transportation and Community Development. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

One Response to “Up to $1,700 Still Available for Companies that Offer Pre-Tax Transit Program”

ChicagoREgen.com » Up to $1,700 Still Available for Companies that Offer Pre-Tax Transit Program Says:
September 12th, 2011 at 7:25 am
[...] HERE for the rest of the [...]

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The Center for Neighborhood Technology (CNT) is a creative think-and-do tank that combines rigorous research with effective solutions. CNT works across disciplines and issues, including transportation and community development, energy, water, and climate change.