Best for NYC: Best Practices

by Don Friedman on December 14, 2015

Old Structures has been using TransitChek for some time to allow our employees to use pre-tax income to purchase MetroCards for the subway and buses. This reduces their taxable income by the cost of the cards, effectively making subway use tax-free.

We recently received a notice from the New York City Department of Consumer Affairs that, as of January 1, 2016,  companies with 20 or more employees have to offer this benefit to their employers. We’re only ten people so the new law doesn’t apply to us but, hey, nice that others are catching up with where we already are. It’s the kind of easy-to-implement practice that is part of working towards the Best for NYC Challenge.

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