Tax Law Highlights - 2012

Transportation assistance - 2012

Answer:

If you provide certain transportation fringe benefits, there are 2012 changes.
The limit on the value for monthly free parking will rise to $240 (up from $230), while the limit on monthly transit passes and vanpooling will drop to $125 (down from $230).
Bicycling assistance will stay at $20 per month.
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