If you pay for a transit pass to get to work or pay for onsite parking, you may already be taking advantage of a section in the tax code that allows for payment with pre-tax dollars. Currently employers can subsidize up to $120 per month on transit and up to $230 per month on parking.
If that imbalance seems odd to you you're not alone, at least not on this blog. We were heartened to hear that the incoming administration has stated their intent to equalize these benefits and create additional incentives to get people out of their cars.
Does your employer cover the cost of onsite parking? How about transit? If you are a non-parker do you receive any additional compensation for choosing not to take up a space? With onsite parking potentially adding almost $3,000 in tax free comp it's not a trivial issue.