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Transportation News (5)

How to Use Pre-Tax Commuter Benefits for Lyft Shared?

Update May 26, 2023:
We would like to inform you of a recent decision made by Lyft and Uber, which is beyond our control. In April 2023, Lyft announced the discontinuation of their shared rides program called Lyft Shared. Additionally, Uber’s shared rides program, UberX Shared, currently does not support tax-free commuter benefits.
Do you use your pre-tax commuter benefits to get to work and back? If you do, we are sure you would be happy to know that you can use your pre-tax benefits for Lyft Shared rides. Lyft Shared makes it easy to share a ride with your coworkers or with other commuters headed your way. Read below to learn how to start ridesharing and save time and money!
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Ending unfair non-profit taxation

Edenred Commuter Benefit Solutions has been a long-time champion of commuter options. HR 1, more commonly referred to as tax reform made several changes to the transportation fringe benefit.
The legislation maintained the parking and transit tax benefits for individuals, however, the legislation made it more expensive for non-profits and universities to offer transportation fringe benefits.

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Transit in the Top 5 Cities for Startups

What makes a top city for startups? According to a report by the U.S. Chamber of Commerce and startup incubator, 1776,  it’s a combination of Capital (access to financial resources), Culture (openness to new people and new ideas), Density (existing startup population and continued potential for growth), Connectivity (economic and municipal support for startups), Industry Specialization (potential for growth for multiple industries), Talent (the ability talented employees near and far).

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The Impact of Ridesharing on Commuting Culture

ImpactofRidesharing.jpgGetting to work by bus, train, subway, ferry, carpool, and vanpool has been the standard options as an alternative to driving to work each day, alone. Until now.  What started out as an idea for anyone who had a car to make some extra income as a driver by finding passengers through an app and charging a fee for the ride has established itself as a new commuting option in many cities and towns. 

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