America's Charities | March 25, 2020

Employers Consider Hardship Assistance in Response to COVID-19, Seek Guidance from America’s Charities

While the full brunt of the coronavirus still hasn’t smacked the U.S. economy, employers are already examining tax-advantaged hardship assistance programs to support workers facing significant health and financial challenges due to the emergency.

In this article from Bloomberg Tax, Staff Correspondent, Michael J. Bologna reports how employers are examining tax-advantaged hardship assistance programs to support workers facing significant health and financial challenges due to the emergency, and America’s Charities President and CEO Jim Starr shares how employers for looking at creating crisis funds as a way to make tax-deductible donations and permit employees to collect emergency grants tax-free. 

>> Read the full article on Bloomberg Tax

Get Resources and Insights Straight To Your Inbox

Explore More Articles

Animal Rescue Team and Disaster Response

September 30, 2024

The Humane Society of the United States (HSUS) Animal Rescue Team (ART) is on call 24/7, ready to deploy whenever animals are caught in large-scale…

Read Article

Domestic Violence Awareness Month: Together We Can End Domestic Abuse

September 24, 2024

The U.S. Department of Justice estimates that 1.3 million women and 835,000 men are victims of physical violence by a partner every year. People who are…

Read Article

Breast Cancer Awareness Month

September 24, 2024

October is Breast Cancer Awareness Month – an annual campaign that aims to educate the public on the importance of early screening, testing and treatment for…

Read Article

Get Resources and Insights Straight To Your Inbox

Receive our monthly/bi-monthly newsletter filled with information about causes, nonprofit impact, and topics important for corporate social responsibility and employee engagement professionals, including disaster response, workplace giving, matching gifts, employee assistance funds, volunteering, scholarship award program management, grantmaking, and other philanthropic initiatives.

newsletter-mock