Category Archives: Employee Benefits

How Employee Benefits Can Impact Employer and Employee Taxes, Plus When NOT to Pay for a Benefit Pre-tax

If you are like many small businesses thrown for a loop during the pandemic, you may not be prepared for this year’s tax season. Your company can optimize revenue and provide an excellent benefits package while minimizing your tax liability if you know what opportunities are available. Here are some strategies related to employee benefits to help your small business during tax season: Tax-Favored Savings & Spending Accounts There are several different types of …

What You Need to Know About The New American Rescue Plan Act – COBRA Subsidy

UPDATE Part 2 An update to our previous note, we now have additional details regarding the COBRA Subsidies, Notices, Rules, etc. so we wanted to get the below sent out as soon as we could. We also wanted to provide a few updates based on some of our questions that have now been answered.  As always, if we can help with anything at all or if you feel now is the time to have …

3 Reasons Why You Need A Benefits Strategist for Your Small Business

It can be a complicated and time-consuming process to navigate the complexities of employee benefits as a small to mid-size business. A benefits strategist is a critical asset to any company that needs help to develop a benefits program to attract and retain talent. Securing health, dental, disability, vision, and life insurance benefits can become an overwhelming task. Knowing where to start may be the most challenging part – which is why a benefits …

Association Health Plans: The Unsung Heroes of Small Business Health Benefits

As a small business owner or even as an employee, you may have a love/hate relationship with health insurance. Health benefits are needed to attract and retain quality employees. The challenge, however, is unless you are over a particular size company, you and your employees will be too small to enjoy the lower, large group insurance rates that larger companies enjoy. However, there is an alternative that you should know about: Association Health Plans …

Tired of New Employee Onboarding Paperwork? Holloway Launches the “Ease” Platform

New employee onboarding and HR management has always been challenging. Chasing down paperwork, reading unintelligible signatures, enrolling staff in benefits programs can take hours out of your day, not to mention make for a painful first-day experience for employees. Now add to that the pivoting to a remote workplace. At Holloway Benefit Concepts, we are excited to offer our business clients a more comfortable, faster, and secure way to process and manage their employees. …