If you are an employee who bikes to work, learn about the Bicycle Commuter Tax Provision, which went into effect January 1, 2009. With the signing of The Bicycle Commuter Act, your employer may now reimburse you up to $20 per month ($240 per year) tax-free for “reasonable” expenses related to your bike commute. Bicycle purchases, improvements, repair and storage are all considered reasonable expenses as long as the bicycle is regularly used for travel between your residence and place of employment. To qualify for the benefit, you must bicycle to work for a substantial part of the month. Ask your employer if you have a Commuter Benefits program at your workplace. If not, ask them to start one. For more information, check out the League of American Bicyclists website.