Yakima City and County Continuum of Care WA-507 SPECIAL MEETING - YVCOG

YVCOG - Yakima Valley Conference of Governments > Events > Yakima City and County Continuum of Care WA-507 SPECIAL MEETING

december, 2017

12dec10:15 am11:30 amYakima City and County Continuum of Care WA-507 SPECIAL MEETINGCOC WA-507 SPECIAL MEETING

Event Details

You are hereby notified that Yakima City and County Continuum of Care WA-507 will meet on December 12, 2017 in Yakima, WA . At 10:15am, the public meeting will be called to order at the Yakima County Facilities First Street Conference Room, 223 N 1st Street, Yakima WA 98901. For more information please call the YVCOG office at 509-574-1550 or visit the YVCOG website at www.YVCOG.org.

Time

(Tuesday) 10:15 am - 11:30 am

Location

Yakima County First Street Conference Room

223 N 1st St Yakima, WA 98901

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What is an ETC?

What does an ETC do?

Commuter Benefits

Tired of driving alone to work every day, but not sure if you have better options?

Consider what can happen when you use alternate ways of getting to work (or even teleworking):

Good Faith Effort

What is a Good Faith Effort?

State Law define “good faith effort” by these two conditions:

YVCOG considers good faith effort when evaluating an employer’s level of commitment to achieving CTR goals.
One of two outcomes will result:

There are no civil penalties for failure to reach CTR goals. The YVCOG is here to work collaboratively with employers
to find solutions that make sense for them!

Employee Taxes

The IRS allows employees to use their own pre-tax dollars to take advantage of commuter benefits.

Employees have three options for reducing the cost of commuting:

Since 2016, the tax-free and pre-tax limits for commuter benefits provided by an employer are:

Employer Requirements

The CTR Law has six main requirements.

Participating Employers must:

CTR and Business Health

Looking for ways to hone your competitive edge?

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Employer Taxes

Employers (and property managers) who provide CTR incentives are eligible for a
Washington State tax credit up to $100,000 per fiscal year (50% of the employee’s
benefit cost per fiscal year). No more than $60 per employee may be claimed in the
fiscal year.