- November 04, 2014
- Wayne Naegele
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Mayor de Blasio Signs Intro 295-A Into Law, Expanding the Right to Pre-Tax Transit Benefits
NEW YORK—Mayor Bill de Blasio recently enacted Intro 295-A, which requires New York City companies with 20 or more full-time employees to offer pre-tax transit benefits. The bill encourages employers to take advantage of an existing federal tax benefit, which already allows businesses to offer its workers $130 a month as pre-tax income for transportation. The […]
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