{"id":212,"date":"2008-11-07T21:33:06","date_gmt":"2008-11-08T01:33:06","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=212"},"modified":"2008-11-20T19:57:34","modified_gmt":"2008-11-20T23:57:34","slug":"question-of-the-week-can-i-reimburse-employees-who-bicycle-to-work","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2008\/11\/question-of-the-week-can-i-reimburse-employees-who-bicycle-to-work\/","title":{"rendered":"Question of the Week: Can I Reimburse Employees Who Bicycle to Work?"},"content":{"rendered":"<p><span style=\"font-size: 10pt; color: #000000; font-family: Verdana; mso-bidi-font-family: Arial; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;\">This week\u2019s question comes from Luna, a business owner: I have employees who bicycle to work; can I reimburse them for their costs? <span style=\"font-size: 10pt; color: #000000; font-family: Verdana; mso-bidi-font-family: Arial; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;\">Answer: <a href=\"http:\/\/frwebgate.access.gpo.gov\/cgi-bin\/getdoc.cgi?dbname=browse_usc&amp;docid=Cite:+26USC132\" target=\"_blank\">\u00a7132(f) of the Internal Revenue Code<\/a> has been amended by <a href=\"http:\/\/frwebgate.access.gpo.gov\/cgi-bin\/getdoc.cgi?dbname=110_cong_bills&amp;docid=f:h1424enr.txt.pdf\" target=\"_blank\">\u00a7211 of the Emergency Economic Stabilization Act<\/a> (Public Law 110-343 or the \u201cbailout bill\u201d) so that effective with tax years beginning after December 31, 2008, <\/span>employers may reimburse employees who <\/span><span style=\"font-size: 10pt; font-family: Verdana; mso-bidi-font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;\">\u201cregularly [use] the bicycle for a substantial portion of the travel between [their] residence and place of employment<span style=\"font-size: 10pt; font-family: Verdana; mso-bidi-font-family: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;\">\u201d<\/span> as long as the employee does not receive any other \u201cqualified transportation fringe\u201d. Costs to be reimbursed include \u201cpurchase of a bicycle and bicycle improvements, repair, and storage\u201d. The limitation is $20 per month multiplied by the number of qualified commuting months. Contact <a href=\"mailto:info@visionpayroll.com\" target=\"_blank\">Vision Payroll<\/a> if you have any question on reimbursements for any qualified transportation fringe benefit.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week\u2019s question comes from Luna, a business owner: I have employees who bicycle to work; can I reimburse them for their costs? Answer: \u00a7132(f) of the Internal Revenue Code has been amended by \u00a7211 of the Emergency Economic Stabilization Act (Public Law 110-343 or the \u201cbailout bill\u201d) so that effective with tax years beginning [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[510,511,516,512,517,514,515,513,44,291],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/212"}],"collection":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/comments?post=212"}],"version-history":[{"count":0,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/212\/revisions"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}