With our van service, we have the capacity to move your associates, 14 passengers, to corporate offices, airports, dinner engagements, off site meetings. Are you aware of the following? Please consult with your accountant and attorneys for the most current accurate information: Encourage the use of mass transit. Workers can help the environment by using public transportation rather than driving to work. Companies can encourage this practice by offering monthly transit passes as an employee benefit. Payment for the passes can be set up so that employees either pay for them on a pretax basis using an arrangement similar to making pretax contributions to a 401(k) plan, or the company pays for them as a tax-free fringe benefit. Tax break: The following income tax savings are available to either employees or the company, depending on who pays for monthly transit passes... If an employee pays for his/her transit passes on a pretax basis, the portion of wages used to pay for the passes is not subject to income tax.
If a company pays for the passes, the company can deduct the cost of the passes. Furthermore, a company can save on employment taxes because employment taxes are not imposed on tax-free transit passes (up to $115 monthly in 2008).
Alternative break: Commuting in a company-provided “commuter highway vehicle” (a vehicle that seats at least six adults, not including the driver) is also tax free up to $115 per employee per month in 2008. At least 80% of the vehicle’s mileage must be used for transporting employees between home and work, and on those trips, at least half of the adult seating capacity of the vehicle (excluding the driver) must be occupied by employees. For an event planner, we are aware the most exhausting aspect of your task can be ground transportation. We have ten years experience moving groups and willingly accept the responsibility of moving yours in a more than satisfactory manner.
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