Cadillac Tax Delayed Until 2022 and HIT Suspended for 2019

The short-term funding bill passed by Congress in January to re-open the government contains two employee benefits–related provisions that are of interest to employers.

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Tax Treatment of Transportation Benefits Changes Under New Law

Qualified transportation fringe benefits include benefits such as employer-provided parking, transit passes, and vanpool benefits. The Tax Cut and Jobs Act signed on December 22, 2017 changes the tax treatment for certain employer-provided transportation benefits.

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