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New Tax Law Includes Changes for Employee Benefits

By Jessica Rowland on Jan 15, 2018 9:52:02 AM

HIGHLIGHTS

  • Employers can no longer take a tax deduction for qualified transportation fringe benefits.
  • Except for bicycle commuting reimbursements, qualified transportation benefits are still nontaxable to employees.
  • Employers that provide paid family and medical leave may qualify for a temporary tax credit.

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