Starting in January, biking to work could qualify you for a modest tax break (Road Worrier: "$700 billion plan offers tidbits to bike commuters").
The IRS has not yet announced rules for the addition of bicycling to what employers call qualified transportation fringe benefits programs. These programs already include (more genereous) tax breaks to defray employee costs for transit passes, vanpool fees and parking bills.
The League of American Bicyclists promises to post updates as details become available. Stay tuned.

Bruce Siceloff reports on traffic and transportation. A News & Observer reporter, editor and blogger since 1976, he took over the
Comments
As an avid commuting and road cyclist
Tue, 11/11/2008 - 09:15 — Dadof3Please, simplify the tax code already. Stop buying my vote and make my life easier. I bike to work because I love to bike, not for some government hand-out.