For over 50 years, Bloomberg Tax’s renowned flagship daily news service, Daily Tax Report® has helped leading practitioners and policymakers stay on the cutting edge of taxation and...
Dec. 13 — Uber and WageWorks will expand the scope of a collaborative project to offer ride-pooling services to consumers eligible for pre-tax commuter transportation benefits, the companies said.
Uber Technologies Inc. and Wageworks Inc. launched the partnership in August with a plan for New York City residents and have since added Boston and Washington, D.C. Starting Dec. 14, they’ll offer the arrangement in San Francisco, Philadelphia, Las Vegas, Denver, Atlanta, Miami and New Jersey.
The e-hailing transportation network platform joined with WageWorks on a system to allow workers to pay for its uberPOOL service with pre-tax commuter benefit accounts offered through employers.
Based in San Mateo, Calif., WageWorks administers consumer-directed benefit plans, such as health savings accounts and commuter transit and parking programs, for some 58,000 employers, covering 4.5 million people, according to the company’s website.
Pre-tax commuter benefit programs are covered by Internal Revenue Code Section 132(f), which sets conditions for eligible transportation and limits on eligible employee contributions.
Executives of both companies, in announcing the expansion, touted the program as helping commuters save money, reducing the numbers of cars on the roads and easing transit convenience.
To contact the reporter on this story: John Herzfeld in New York at firstname.lastname@example.org
To contact the editor responsible for this story: Ryan C. Tuck at email@example.com
More information on WageWorks commuter benefit programs is at http://src.bna.com/kJd.
Copyright © 2016 The Bureau of National Affairs, Inc. All Rights Reserved.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to email@example.com.
Put me on standing order
Notify me when new releases are available (no standing order will be created)