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EBP2016
Disallowed Deductions for Parking and Commuting
Date
November 10, 2020
$49
Standard Price
This product is also available as part of the following products:
This includes sessions from the conference: Employee Benefit Plans Conference 2020
Employers who pay commuting or parking costs for their employees are no longer able to deduct these amounts. There are a number of exceptions that protect the deduction. Applying these rules has many nuances, including some helpful safe harbors. In this session, learn how to apply the rules and when exceptions are available.
Learning Objectives
- Apply the rules to appropriately apply the disallowed deduction rules for commuting expenses
- Apply the rules to appropriately apply the disallowed deduction rules for employer provided parking
- Identify possible changes to be made to employer provided parking policies to maintain the deduction
Speakers
National Director, Compensation and Benefits, Cherry Bekaert LLP
Principal, Grant Thornton Advisors LLC
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