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Article #3870Re: Question about bicycling to work and taxes
From: Michael Malak
Date: Sun, 26 Mar 2000 00:00
Date: Sun, 26 Mar 2000 00:00
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1588 bytes
In article <20000325145809.05948.00000272@ng-fu1.news.cs.com>,
pkbyron@cs.com (Pkbyron) wrote:
> Nobody gets a deduction of commuting expenses, regardless of how
> its done.
Wrong.
From http://www.wmata.com/USINGMET/MTROPOOL.HTM
Metrochek as an employee payroll deduction
==========================================
"Metrochek is now an employee pre-tax payroll deduction. New
federal tax laws now allow your employees to buy Metrochek
(up to $65/month) from your company via a pre-tax payroll
deduction. That can save them over $300 a year on commuting
costs. There's virtually no cost to you as an employer;
they'll even save money--over $100 in payroll taxes per
year, per employee."
--
Michael Malak
malak@claygency.com
Sent via Deja.com http://www.deja.com/
Before you buy.
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 10e8b3,deec3b45499b436 X-Google-Attributes: gid10e8b3,public From: Michael Malak <malak@claygency.com> Subject: Re: Question about bicycling to work and taxes Date: 2000/03/26 Message-ID: <8blncf$pml$1@nnrp1.deja.com> X-Deja-AN: 602651636 References: <8b085772&0.700000017.1373270471-951758591-953849024@topica.com> <20000325145809.05948.00000272@ng-fu1.news.cs.com> X-Http-Proxy: 1.1 x25.deja.com:80 (Squid/1.1.22) for client 207.176.4.194 Organization: Deja.com - Before you buy. X-Article-Creation-Date: Sun Mar 26 19:11:19 2000 GMT X-MyDeja-Info: XMYDJUIDmichaelmalak Newsgroups: dc.biking X-Http-User-Agent: Mozilla/4.0 (compatible; MSIE 5.01; Windows NT)