"Wherever you stand on work from home, put the issue aside temporarily and allow your employees to work more from their home offices. It will save them money on gas and put less pressure on you to reimburse them for higher fuel costs."
"The IRS allows employers to deduct up to $340 per month to reimburse their employees for commuting, which can include both transit and parking. The employee doesn't get taxed for this payment."
"Peco provides a number of free and low-cost services for small businesses and consumers to assess their energy use, offering discount incentives, energy efficiency advice, and customized energy reports."
Gas prices in Pennsylvania have increased from $3.41 to $4.15 per gallon over the past year, with utility prices also expected to rise. Small businesses can mitigate these costs by allowing employees to work from home, reducing commuting expenses. Online meetings can replace travel due to high airfare. Employers can reimburse employees up to $340 monthly for commuting without tax implications. Peco offers services to help businesses assess energy use and maximize savings through rebates and grants for energy-efficient upgrades.
Read at Inquirer.com
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