News from our Sister Agencies and Partner Organizations
Maryland Department of Transportation
Maryland Commuter Program Helps Businesses Save Money by Easing Employee Travel
Maryland commuters spend an average of 30 minutes sitting in traffic traveling to and from work – resulting in diminished productivity, extreme frustration, and lost time. To mitigate traffic congestion and support the mobility, health and wealth of its community, environment, and business partners, the Maryland Department of Transportation (MDOT) has launched Commuter Choice Maryland.
The benefits of Commuter Choice Maryland are significant as the program encourages commuters to explore and use alternate means of transportation to and from work, giving them travel choices when convenient to them, such as transit, biking, walking, carpooling, vanpooling, and teleworking. These options help to reduce commuter stress, reduce congestion, and conserve energy. We have also seen that Commuter Benefits helps to attract and retain top employee talent.
Registrations are being accepted for the Maryland Commuter Tax Credit, designed to encourage businesses of all sizes to provide Commuter Benefits to their employees.
To qualify for the Maryland Commuter Tax Credit, Maryland companies must meet certain criteria, submit an online registration form to MDOT, and are required to file state and local tax forms. Businesses are required to register for this Maryland Commuter Tax Credit annually.
The Maryland Commuter Tax Credit is available to any business entity that operates a trade or business in Maryland or is an organization exempt from taxation under § 501 ( c ) (3) or (4) of the Internal Revenue Code. Businesses may claim this tax credit in an amount equal to 50% of the cost of providing qualified Commuter Benefits to their employees. Qualified Commuter Benefits include transit and transit parking passes or subsidies, vanpooling, and carpooling. The Maryland Commuter Tax Credit may not exceed $100 per individual employee per month. There are a variety of options for Commuter benefits that will fit your company needs and save money.
To register for Commuter Choice Maryland or to learn how your businesses can improve its bottom-line AND take advantage of various tax benefits, please visit CommuterChoiceMaryland.com, call 410-865-1100, or email commuterchoice@mdot.state.md.us.
Please join us to discuss possibilities of building and expanding your Commuter Benefits program. Topics will include:
- Guidance on commuter benefits
- Assistance with the Maryland Commuter Tax Credit
- Strategies to encourage employee participation
- Assistance with program implementation
- How to retain top talent, reduce employee turnover, and save money!
Space is limited for this exclusive webinar. Reserve your space, today: Register Here