Commuters May Receive The Same Tax Breaks as Drivers

Mass transit commuters should get the same tax break as people who drive to work, Sen. Charles Schumer said Tuesday. The New York Democrat said he has high hopes for a measure that would allow bus, subway and commuter rail riders to deduct up to $250 a month from their taxable income next year. Currently, […]

Mayor de Blasio Incentives Unions to Reduce Health Costs

When Mayor Bill de Blasio announced his first labor agreements with New York City unions this spring, he was sharply criticized for granting long-awaited wage increases in exchange for promises of unspecified though sizable savings on health care expenses. Now, some of the specifics are coming into focus: City officials and union leaders say they […]

Pretax Money for Subway Fares May Become Required

Currently an optional benefit, this mandate would require many employers to establish the accounts. We’ve been assisting groups with these accounts for years, so look to us for assistance. To read more, click here. Jeffrey R. Ungvary President