Mass Transit


Book Description




Federal Transit Benefit Program


Book Description

The federal government's transit benefit program was established in 1993 to expand federal employees' use of public transportation by providing transit vouchers and passes for public transit. In FY 2014, 106 federal entities entered into interagency agreements with the Dept. of Transportation's (DOT) Office of Transportation Services (TRANServe) to distribute about $210 million in transit benefits to their employees. In 2011, TRANServe introduced the TRANServe debit card with selected federal entities. This report describes the extent to which DOT has (1) designed internal controls to provide assurance that federal employees do not use the debit card to make non-transit-related purchases; and (2) worked with IRS to ensure its debit-card program met requirements for excludable qualified transportation fringe benefits in relevant statutes, Treasury regulations, and IRS rules. Tables and figures. This is a print on demand report.







Transit Fare Arrangements for Public Employees


Book Description

The purpose of this synthesis is to document the state of the practice for transit agencies in terms of fare arrangements for public employees. Results of a cross-section survey of transit agencies in North America yielded information on important issues such as leadership of the program; barriers, obstacles, and constraints; administrative procedures; implementation; lessons learned; cost, financing, and pricing; and program evaluation.




(Circular E), Employer's Tax Guide - Publication 15 (For Use in 2021)


Book Description

Employer's Tax Guide (Circular E) - The Families First Coronavirus Response Act (FFCRA), enacted on March 18, 2020, and amended by the COVID-related Tax Relief Act of 2020, provides certain employers with tax credits that reimburse them for the cost of providing paid sick and family leave wages to their employees for leave related to COVID‐19. Qualified sick and family leave wages and the related credits for qualified sick and family leave wages are only reported on employment tax returns with respect to wages paid for leave taken in quarters beginning after March 31, 2020, and before April 1, 2021, unless extended by future legislation. If you paid qualified sick and family leave wages in 2021 for 2020 leave, you will claim the credit on your 2021 employment tax return. Under the FFCRA, certain employers with fewer than 500 employees provide paid sick and fam-ily leave to employees unable to work or telework. The FFCRA required such employers to provide leave to such employees after March 31, 2020, and before January 1, 2021. Publication 15 (For use in 2021)