Ask Congress to Tell the IRS to Tax Parking Fairly

Section 13304 of ‘Tax Cuts and Jobs Act’ (P.L 115-97) requires employers to add all costs associated with parking and commuter benefits to its tax liability. The IRS has released guidanceand request for comments on how employers are to calculate additional tax liability as a result of parking they provide. This guidance establishes a ‘primary use’…

A Parking Tax? How New IRS Rules Impact Employers – CoaST & BWC Webinar

  The Coalition for Smarter Transportation (CoaST) and Best Workplaces for Commuters (BWC) will host a webinar on ‘A Parking Tax? How New IRS Rules Impact Employers’. During this webinar, staff from CoaST and BWC will review how the Department of Treasury’s recent guidance on parking will impact employers. During the webinar, presenters will: Provide…

CoaST Review of IRS Guidance on Employer Provided Parking

CoaST Review of IRS Guidance on Employer-Provided Parking This week, the IRS issued guidance to employers on how they should administer changes made by tax reform regarding employer-provided parking and parking fringe benefits. The guidance also dives into how tax-exempt organizations are to deal with the change in tax law. During the presentation, CoaST staff will…