The IRS Is Still Trying to Deal with The Paycheck Protection Program:

The Paycheck Protection Program (“PPP”) loans gave businesses more than $800 billion. The PPP loans were created specifically to help small businesses affected by the pandemic, but many people tried taking advantage of them. Ultimately, they led to a lot of fraud.   Some individuals lied about qualifying businesses to qualify for the PPP loan […]
Read more

Providing Well-being Benefits is a Priority at Equinix

Equinix is a digital platform providing infrastructure for companies such as Facebook and YouTube, and has an impressive global well-being benefits program for its employees, offering multiple ways to de-stress throughout the day, and providing employees with a chance to offer feedback. Once the pandemic hit, Equinix found its staff more stressed out, and spending […]
Read more

Benchmarking Benefits Data can Provide Employers with a Competitive Edge

Since the pandemic, and with so many people leaving their jobs through the GreatResignation, benefits are now more valuable than ever in the competitive marketplace.Evaluating your company’s benefits package in comparison to competitors allows you toidentify the ways your organization can be more competitive, while retaining andattracting talented individuals and keeping costs manageable. In order […]
Read more

Commuting Benefits are on the Rise Through SHARE Mobility

Commuting to work can be one of the most stressful times of an employee’s day, and in2019, almost two-thirds of people employed in the United States confirmed thatcommuting caused stress regularly. The study reported by Scoop, a platform forcarpooling, also found that 62% of employees refused to apply for jobs wherecommuting was too much of […]
Read more

Rising Inflation Necessitates Extra Help During Open Enrollment

Rising Inflation Necessitates Extra Help During Open Enrollment With prices rising for nearly every commodity, workers are concerned that their healthcare benefits will rise exponentially as well. Voya Financial surveyed Americans and found that 70% expressed needing their employer’s support in order for them to maximize their savings this open enrollment season when it comes […]
Read more

Donations To The Right Organization Can Have Very Beneficial Tax Benefits:

As many people saw, the founder of Patagonia, Yvon Chouinard, and his family gave away the company to fight climate change. The act shocked many because it seemed like something most billionaires don’t do, but most people didn’t realize that they avoided paying a huge amount of taxes for their donation while keeping control of […]
Read more

Exempt Organizations Might Have to Change How They File Their Applications:

The Internal Revenue Service (“IRS”) may change its requirements for organizations applying for tax-exempt status. Organizations filing streamlined applications might need to include their organizing documents when submitting their application forms.   This change will affect organizations filing Form 1023-EZ, “Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code.” The […]
Read more

On-Demand Pay for Hospitality Workers is Paying Off

With the labor shortage still going strong, Atrium Hospitality, a management company that operates IHG, Hilton and Marriott locations, found a new way to retain quality employees and attract new talent. The company began offering the earned wage access plan (EWG) by DailyPay, supplying around 7,000 employees with on-demand wage access.  The EWG innovation allows workers […]
Read more

The Future of Healthcare is Virtual for VSP Vision

Thanks to the pandemic, companies are more inclined to offer virtual healthcare which can have a beneficial impact on employees, allowing them to maintain engagement and be proactive with their health. VSP Vision Care, a health insurance company that offers vision healthcare globally, recently began offering virtual healthcare for its employees in the U.S., supporting […]
Read more