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Update
ParkChek is here!
If you enjoy the convenience of offering Commuter Checks to your employees who pay
for transit, ParkChek offers the same type of convenience to those employees who
pay for work-site parking.
ParkChek is a guaranteed bank check that employees use to pay for parking services.
The current IRS tax-free parking benefit is $215 per month. Depending on an employee's
tax bracket and other withholdings, participants can save up to 40% off of their
parking costs. That translates into an annual employee savings of almost $1,000
for employees and over $200 per participating employee in employer savings. ParkChek
can be also used in addition to Commuter Checks for those who Park and Ride to save
even more money!
Please call 510-704-0859 if you have questions on this program.
For 2007, the tax-free maximum for the transit benefit increased to $110 a month.
All employers should take this as an opportunity to review their Commuter Check
program. The higher cap increases the savings available to employees and employers.
Employees receive more tax-free money to pay their transit costs, and payroll-related
costs that employers pay are thereby reduced. The higher cap will be greatly appreciated
by employees paying higher fares.
For the IRS language go to
http://www.irs.gov/pub/irs-drop/rp-05-70.pdf. These new limits are found under
section .12 "Qualified Transportation Fringe" on page 10.
If you have further questions, would like to discuss how the cap affects your use
of Commuter Check or have any other concern, please feel free to contact us at (800) 531-2828
or email at info@commutercheck.com.
Electronic Re-order Forms, Automatic Re-order Notices and Invoices by e-mail, and
Transit Information and Customer Service Contacts:
Electronic Re-order Forms: Our re-order form is available in two different
electronic formats. (Re-order forms are often used to revise an order from an earlier
one for which we would have sent a new invoice.) Click on Order/Re-order Forms on
the left side tool bar, then click "Re-order Forms again. Here you will find
the two versions:
- PDF version that you can save or print and manually complete
- Excel spreadsheet version that will automatically calculate your order for you.
This form avoids calculation errors, and can also be downloaded for future use and
e-mailed to accounts payable departments. Let us know what you think of it.
Automatic Re-order Notices by e-mail: We have found that our customers really
appreciate another recent enhancement - re-order notices by e-mail instead of regular
mail. The Re-order Notices are sent to our "Bill to" contact unless we
are told otherwise. Customers using this service told us it allows them to speed
payments and order processing. If you have not yet given us a "Bill to"
e-mail address, please note it in on your next re-order, or send it to us at
info@commutercheck.com, or call us at (800) 531-2828.
Invoices by e-mail: Occasionally, a customer will call us for an invoice
to be generated directly by Commuter Check. Previously, we would return this form
by fax or mail. Now, we are able to e-mail the form back to you as a PDF file, speeding
up your ability process the order and providing a clean original version for your
Accounts Payable department. Like the automatic re-order notices, many customers
prefer this electronic version. As noted above, provide us with a "Bill to"
e-mail address and we'll get you started.
Transit Agency Customer Service Contacts: Now on www.commutercheck.com is
a convenient list of information and customer service telephone numbers for major
transit operators in the cities we serve. Click here
for the page.
Are you ordering too often? A small number of our customers re-order every
month. When possible, we suggest that customers order quarterly, as most do. This
saves shipping fees ($12 for 8 months or $96 a year), but more important, it minimizes
the chance your order will be late. Mail and shipping isn't always reliable, and
we can't send Re-Order Reminders for monthly orders. In addition, quarterly orders
usually don't need overnight shipping, a further annual savings of up to $180.
Update on Commuter Check Premium Program: The new premium service, Commuter
Check Direct, has become quite popular in recent months. Commuter Check Premium meets
special needs of medium to large size employers, offering enhanced services that
make a Commuter Check program even easier to administer. It provides a state-of-the
art on-line enrollment service and at-home distribution of personalized Commuter
Checks. It is most appropriate for employers with multiple locations, or any employer
that wants distribution assistance.
Using the on-line enrollment element, employees select and change their Commuter
Check order at any time. Commuter Check Premium mailings can be done monthly, or
quarterly for even greater savings. It's a flexible program and is available at
very modest fees - comprehensive support can be provided for as little as $1 per
employee per month.
For more information, please see www.CommuterCheckPremium.com
or send an e-mail to info@CommuterCheck.com
Wanted: Testimonials: We are preparing a new marketing program for the Fall.
We often use testimonials from customers that have found Commuter Check greatly
appreciated by employees, successful in reducing turnover, etc. Employers providing
these testimonials receive free publicity. To offer one, please e-mail us at info@CommuterCheck.com.
Who do you know? Many new customers that enroll in Commuter Check do so due
to word-of-mouth advertising. This is especially true for smaller employers. Please
help us spread the word. Tell anyone you know about Commuter Check (tell them to
go to www.CommuterCheck.com). Here's another idea. Send us an e-mail suggesting
that we send information on Commuter Check to anyone in your address book that you
think might like to know more about us. Just copy them in the e-mail that you send
us, so that they know to look for our response. We'll "reply to all" and
send a brief page that highlights the benefits and savings, both for employers and
employees. They'll appreciate it, and so will we.
Reminder
The tax-free maximum for the transit
benefit is $110 a month.
The higher cap increases the savings available to employers and employees. All employers
should review their Commuter Check programs and assess the added savings opportunities.
Click here for Tax Code Information.
Caution: Some vendors offer transit benefit programs that do
not comply with IRS regulations.
Click here to download a Cautionary Notice.
Commuter Check Updates
San Francisco: (Click
here for full details about Commuter Check in the Bay Area).
BART - As of November 30, 2005, $30 Blue High Value Tickets are no longer
issued. Availability of the $45 and $60 High Value Tickets is unchanged.
$30 Commuter Checks are still available.
BART offers $45 and $60 Blue High Value Tickets (see below). These tickets include
a 6.66% bonus, with $32 tickets selling for $30, $48 tickets selling for $45, and
the $64 ticket sells for $60 . High Value Tickets are available at Tickets To Go
vendors, located around the region. A brochure listing the vendors and their locations
may be obtained at all BART stations.
Click here for an updated fare chart.
Some outlets may change the denominations of High Value Tickets that they sell.
BART's website includes ticket redemption information, including outlet locations;
see http://www.bart.gov/tickets/sales/retailsales.asp
for further information. Most BART sales outlets accept Commuter Checks.
The new $60 Commuter Check denomination
provides added flexibility to meet employee needs. Along with the existing $20,
$25, $30, $35, $45 and $50 denominations, the new $60 Commuter Check allow every
$5 level between $20 and $105 to be met using one or two Commuter Checks. Employers
can expand the choices they give employees. (For BART Parking, $21 and $63 denominations
remain available.)
For BART riders, purchasing the $60 High Value Tickets is easier now. Also,
no out of pocket cash is required to meet the $105 level. Purchase one $60 and one
$45 High Value Ticket and pay for them with $60 and $45 Commuter Checks. Visit www.bart.gov for a list of locations that sell
High Value Tickets.
No Redemption Surcharges - In June 2005, the vendor operating six sales booths
in downtown San Francisco BART and Muni Metro stations announced that a surcharge
would be applied for the redemption of Commuter Checks.
We worked with BART to address this situation and are pleased to report that the
proposed surcharge was postponed and the policy suspended. Our current understanding
is that it will not be allowed to take effect. Thus, no surcharges will be applied
to the redemption of Commuter Checks.
BART Parking - Commuter Check offers $21 and $63 voucher denominations for
use in BART's parking permit program. Depending on the station, two parking options
available; Monthly Unreserved and Monthly Reserved which can be paid with Commuter
Checks. For Monthly Parking locations and rates,
click here for more information.
Parking can be given in addition to the $105 maximum tax-free amount
for transit fares. This translates into an additional tax savings of up to $400
a year for using Commuter Checks. Employees can now take up to $84 (on a pre-tax
basis) to pay for BART parking. They will save 40% off the monthly cost (up to $400
annually!). The IRS has a separate maximum monthly amount for parking at transit
facilities, and it can be given in addition to the current monthly transit benefit
of $105. To make this process easy to administer, $21 and $63 Commuter Check denominations
are now available.
Muni Pass/Token Sales - Sales booths in the BART and Muni Metro Stations
along Market Street have, at least temporarily, suspended sale of Muni FastPasses
and tokens. Muni suggests that riders who can should buy their pass or tokens at
an outlet at the "home-end" of their commute, such as a Safeway or Albertson
store. For a full list of sales outlets, please visit
www.sfmuni.com/fares/passvend.htm.
We regret any confusion or inconvenience this issue has caused. Please inform
your employees of this development.
Translink - The TransLink® smartcard program will change the way some
people pay for transit in the Bay Area. We'll have details soon on how Commuter
Check customers will be able to use this new system. Let us know if you're especially
interested. For more information visit Commuter Check's
San Francisco information page.
Caltrain Parking -Caltrain riders using station parking lots can now use
Commuter Checks to pay for station parking. For more information visit Commuter
Check's San Francisco information page
BART Parking for SFO or OAK - Save yourself traffic and parking hassles --
take BART. Now you can park long-term at most BART parking lots. For reservations,
visit www.BART.gov/parking or call 1-877-700-7275.
Boston:
Merrimack Valley Regional Transit Authority (MVRTA) now accepts Commuter Checks.
Click here for full program details and a Denomination
and Values Chart to help decide which denominations to order.
Colorado:
On January 1, 2006, RTD in Denver changed its monthly pass and ticketbook prices.
Commuter Checks will be available in seven denominations (the existing $15, $21,
$30, $31, $35, $49) and a new $54 denomination that we are introducing to
match the new price of RTD's local service monthly pass.
Click here for full details and a Denomination and Values Chart to help
decide which denominations to order.
Commuter Checks are now accepted by Front
Range Express (FREX) and Springs Transit
accept Commuter Checks at the Springs Transit Downtown Terminal in Colorado Springs,
Fountain, Monument and Castle Rock area grocery stores and at the Downtown Denver
FREX sales outlet at the Downtown Denver Partnership offices at 511 16th Street,
Suite 200 in Denver.
They are also accepted in Aspen by Roaring Fork Transportation
Authority (RFTA) for purchases of passes. They can be redeemed at the Rubey Park
Transit Center and the RFTA Bus Barn. Click
here for more information.
Greater Philadelphia:
Click here for full program details.
Lousiville:
Click here for full details and a Denomination
and Values Chart to help decide which denominations to order.
Minnesota:
Click here for full program details and a
Denomination and Values Chart to help decide which denominations to order.
Ohio:
On January 1, 2006, COTA changed its fares and monthly pass prices. These
changes appear below, along with matching Commuter Check denominations. As a result,
new $36 and $45 Commuter Check denominations are being added to the existing
$20, $25, $30, $32, & $35 denominations which are most commonly needed for COTA
fares. These new denominations provide added flexibility to meet employee needs.
Employers can expand the choices they give employees.
Click here for full details and a Denomination and Values Chart to help
decide which denominations to order.
Commuter Checks are accepted in metropolitan Cincinnati at:
The Bus Stop
Mercantile Building
120 East 4th Street
Cincinnati, OH
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TANK Offices
3375 Madison Pike
Fort Wright, KY
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Ace Cash Express
various locations
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Ohio Check Cashers
various locations
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Rhode Island:
Click here for full details and
a Denomination and Values Chart to help decide which denominations to order.
Virginia:
On July 1, 2005, HRT increased the price of its 10 Ride Card to $14 and
its7 Day Farecard to $17. All other pass prices remain the same.
Two new Commuter Check values - $17 and $28 - are available along with the $25,
$40 and $15 voucher used in the past. The $17 voucher matches the price of the 7-Day
Farecard. Employees that use vanpools can easily reach the $105 tax-free maximum
now allowed by the IRS.
Commuter Checks are accepted in Richmond by GRTC for purchase of SuperSaver
and Commuter Express Tickets. They can be redeemed at GRTC's Commuter Store at City
Hall and Ridefinders at Bank of America Plaza. Click
here for full details.
Press Releases:
6/17/03: Commuter Check Program Expands to BART Parking
8/19/02: Commuter Check and TransLink offer Integrated Service
4/14/02: Tax Tip: Ride Transit, Save Taxes
4/5/02: Commuter Check Enrollment Soars
1/2/02: Increased "cap" and Commuter Check's 10th
Anniversary in the Bay Area
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