Commute Solutions
Build a better commute for employees, students, and tenants.
Commute Solutions is your resource for improving commuting in the Greater Houston area.
The IRS wants you to have an extra $300!
Have you heard? The IRS has announced numerous adjustments for the tax year 2023, including an increase in the Qualified Transportation Fringe Benefit to $300 per month!
How does this work?
Commuter benefits are offered as part of an employer's benefits package. Benefits are often preloaded on an employee’s benefits card or are provided from the employer through the transit or vanpool provider for direct payment of transit passes, monthly vanpool costs, and parking expenses. Employers save on payroll taxes and the employee has pre-tax income to cover those expenses. The whole team wins!
Visit the IRS's website to learn more about the IRS adjustment. To discuss to pros and cons of setting up or increasing benefits for commuters, feel free to contact Commute Solutions.
