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Commuters catching buses and trains may also snare bigger tax break

pace bus

The employer-administered benefits have been uneven under the tax code in recent years. While the Internal Revenue Service currently allows up to $130 a month of an employee’s pretax income to be set aside for public transit fares, it permits as much as $250 per month for parking benefits…Please click here to read Jon Hilkevitch’s story in the Tribune.

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