Riding in gears 6 and 7 just got cheaper
Oct 09
The new bailout bill does officially include a tax credit for employers to help reimburse bicycle commuting employees. It’s a $20/month credit per cyclo-commuting employee so that the employer can reimburse for reasonable expenses incurred by the employee “for the purchase of a bicycle and bicycle improvements, repair, and storage, if such bicycle is regularly used for travel between the employee’s residence and place of employment.”
So, that new bike you’ve been eyeballing at the bike shop, now’s the time get it. Maybe save $20 to $40 a month in gas, plus $20 from the gov.
Oct 09 at 09:23
um, i think that’s you that gets $20 from the government, not us, correct?
or we can all ride together to work in one of these: http://cli.gs/ATvNvM
Oct 09 at 09:27
I think you buy, maintain, ride the bike; TPI reimburses you, and big brother gives TPI a tax credit.