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Transit Benefits Filing Requirements

Franczek P.C.

Special IRS Payroll Procedures Issued for Retroactive Increase in Transit Benefits

Franczek P.C. on

The IRS issued Notice 2015-2, which provides for a special procedure for employers to address the retroactive increase of the monthly transit benefit exclusion from $130 to $250 for 2014. The notice provides guidance on...more

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