SAN
FRANCISCO, April 23, 2024 /PRNewswire/ -- Last week,
the Internal Revenue Service (IRS) issued a groundbreaking
announcement on the tax treatment of work-life referral services
provided to employees under an employer's work-life referral
program. This development marks a significant milestone in the
realm of employee benefits and taxation, with positive implications
for both employers and employees alike.
Last week, the IRS clarified: caregiving
benefits in work-life referral programs, like Mellie, are now
tax-exempt.
Under the newly released Frequently Asked Questions (FAQs)
outlined in Fact Sheet 2024-13, the IRS has stated that work-life
referral programs, employer-funded fringe benefits that offer
employees access to a myriad of work-life referral services, can
now qualify for exclusion from income and employment taxes as de
minimis fringe benefits, under specific conditions.
Work-life referral services encompass a diverse range of
informational and referral consultations tailored to assist
employees in navigating personal, work, and/or family challenges.
From identifying suitable care programs for children with special
needs and/or adult loved ones to connecting with local services or
determining eligibility for government benefits, these services aim
to empower employees with the resources they need to thrive in both
their personal and professional lives.
This clarification by the IRS not only underscores the value of
work-life balance in today's dynamic workforce but also provides a
tangible incentive for employers to invest in comprehensive
work-life referral programs. By offering these services as part of
their employee benefits package, employers can foster a culture of
support and well-being within their organizations, ultimately
driving employee satisfaction, retention, and productivity.
At Mellie (www.mellie.com), we recognize the transformative
potential of work-life referral programs in enhancing employee
well-being and cultivating a more engaged workforce. Through our
affordable, all-in-one family caregiver solution, employers can
seamlessly integrate comprehensive support for family caregivers
into work-life referral services as a part of their existing
benefits offerings, empowering their employees who are managing
dual roles as employee and caregiver to access personalized support
and guidance whenever they need it. From a dedicated care expert to
curated local resources and tools, Mellie equips employees with the
support they need to navigate caregiving challenges with confidence
and resilience.
As the landscape of employee benefits continues to evolve,
Mellie remains steadfast in our commitment to delivering
forward-thinking caregiver solutions that prioritize the well-being
and success of employers, employees, and their loved ones
alike.
For more information about how Mellie can transform your
workplace with our care navigation solution, visit www.mellie.com
or contact Lizzie Wurm
(lizzie@mellie.com).
About Mellie
Mellie is a comprehensive and affordable all-in-one care solution
providing family caregivers access to 1:1 care professionals and an
easy-to-use platform to plan, manage and collaborate on care 24/7.
Mellie services employers, health plans and insurance companies to
provide support to family caregivers. Mellie's three founders are
experienced software veterans with 25 years of experience in
building scalable software solutions and are excited to bring their
knowledge to this underserved market. Mellie is headquartered in
San Francisco and backed by
investors such as Lionbird, Global Founders Capital and Good
Company. To learn more about Mellie, visit www.mellie.com.
Contact:
Lizzie Wurm
Director of Marketing
Mellie Inc. | www.mellie.com
lizzie@mellie.com | 4079656565
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SOURCE Mellie Inc.