New this year, bicycle commuters can spend $20 per month on bicycle parking and other commuting expenses using pretax dollars. To receive the benefit, employers must offer this program to employees. Accor Services is offering assistance to employers via a Commuter Check system.
The bicycle commuter qualified transportation fringe benefits [Section 132(f)] allows up to $20 per month for bicycle storage and parking. This is a great time to encourage employers to implement a bicycle parking program for their employees.
Lack of secure and covered bicycle parking is one of the reasons more cyclists don't ride to work. Let's work together to encourage employers to take the lead with this new incentive!
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