Telecommuting Tax Credit Stands to Help Public Transportation
Governor Baker recently proposed a telecommuting tax credit that would incentivize businesses to allow employees to work from home. The program is a part of a bill that would create a $2,000-per-employee tax credit, capped at $50 million annually, awarded to businesses that allow working from home as a way to reduce the number of cars on the road. The Governor hopes the program will reduce congestion and cut commuting times. According to U.S. Census Bureau data, Massachusetts ranks 20th in the country in the percentage of full-time telecommuters, with 4.7% of the workforce working from home. The tax credit is part of the Governor’s $18 billion long-term transportation spending plan. The telecommuter tax credit would presumably be part of […]