{"id":3443,"date":"2010-07-14T11:08:03","date_gmt":"2010-07-14T15:08:03","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=3443"},"modified":"2010-07-14T11:08:03","modified_gmt":"2010-07-14T15:08:03","slug":"tip-of-the-week-irs-releases-information-letter-on-employer-provided-transportation-benefits","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2010\/07\/tip-of-the-week-irs-releases-information-letter-on-employer-provided-transportation-benefits\/","title":{"rendered":"Tip of the Week: IRS Releases Information Letter on Employer-provided Transportation Benefits"},"content":{"rendered":"<p>The <a href=\"http:\/\/www.irs.gov\/\" target=\"_blank\">Internal Revenue Service (IRS)<\/a>\u00a0recently released <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/07\/INFO-2010-0146.pdf\" target=\"_blank\">Information Letter 2010-0146<\/a>, which answers \u201cseveral questions about the tax consequences of certain employer-provided transportation benefits.\u201d Among the issues the <a href=\"http:\/\/www.irs.gov\/\" target=\"_blank\">IRS<\/a>\u00a0addressed are the ability to perform, and the repercussions of, rollovers of unused benefits on smartcards, limits on the amounts of rollovers or accumulations, the definition of a commuter, the requirement to use transit passes only for commuting and only by employees, as well as several other guideline questions. <a href=\"mailto:info@visionpayroll.com\" target=\"_blank\">Vision Payroll<\/a> recommends that employers providing such benefits review their plans and procedures with their attorney to ensure compliance with the latest guidance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Internal Revenue Service (IRS)\u00a0recently released Information Letter 2010-0146, which answers \u201cseveral questions about the tax consequences of certain employer-provided transportation benefits.\u201d Among the issues the IRS\u00a0addressed are the ability to perform, and the repercussions of, rollovers of unused benefits on smartcards, limits on the amounts of rollovers or accumulations, the definition of a commuter, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[1306,247,321,513,28],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/3443"}],"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=3443"}],"version-history":[{"count":4,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/3443\/revisions"}],"predecessor-version":[{"id":3606,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/3443\/revisions\/3606"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=3443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=3443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=3443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}