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Transportation Benefits are More Expensive in 2018
Graydon Link to more items from this source
[Guidance Overview]
Apr. 3, 2018

"[E]mployers will no longer be able to take deductions on qualified transportation fringe benefits provided to employees. This includes deductions for the costs associated with paying for employee qualified parking, transit passes, qualified bicycle commuting reimbursements, and transportation in commuter highway vehicles.... Any funds paid or incurred by a tax exempt employer for any qualified transportation benefit, any parking facility used in connection with qualified parking, or any on-premises athletic facility will be treated as unrelated business taxable income (UBTI) under the new law."

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