Demand Benefits

01/22/2024

https://events.demandbenefits.com

06/08/2023

🎉 Congratulations to CRC We Care We Share organization on their 10th annual successful fishing rodeo! 🐟🎣

Demand Benefits is thrilled to be a proud sponsor of this incredible organization that fosters community spirit and spreads joy in communities in need through their amazing events. 🌟✨ We applaud their dedication in bringing people together and while living life on the water to the fullest.

This fishing rodeo is a testament to their hard work, passion, and commitment of CRC We Care We Share. 🙌 Thank you for making a positive impact and creating unforgettable memories for everyone involved. Sorry we could be there in person this year…

We look forward to continuing our partnership and supporting the fantastic initiatives of CRC We Care We Share. Here's to many more years of success and community building! 🎊🤝

01/05/2023

IRS Delays Implementation of New Form 1099-K Rules – Did You Know?

The American Rescue Plan Act (ARPA) of 2021 changed the IRS reporting rules for payments sent through third-party payment processors like PayPal and CashApp. The new rules require payment processors to send a Form 1099-K to all recipients of $600 or more in payments for goods or services during a year. These rules were to take effect beginning with tax year 2022.

However, the IRS has now announced that 2022 will be treated as a “transition year” for the ARPA provisions regarding 1099-K forms. As a result, payment processors may choose to follow the previous rules, which stated that a Form 1099-K must only be sent if a business or individual received over $20,000 in payments through more than 200 transactions. The new $600 threshold will take full effect in tax year 2023.

Therefore, if you received between $600 and $20,000 for goods or services through a payment processor in 2022, with 200 or fewer transactions, you may or may not receive a Form 1099-K. Note that this transition policy applies only to the sending of 1099-K forms. You must still report all taxable income you receive through a third-party processing platform to the IRS, regardless of whether you receive a tax form showing the income. A tax professional can help you determine which payments you received may be taxable.

05/13/2020

https://www.healthcaredive.com/news/hospitals-balk-as-cms-doubles-down-on-price-transparency/577760/

In the draft of the Medicare payment rule posted Monday, the agency also proposed raising the rate for inpatient hospital services by about 1.6% in 2021, which would amount to nearly $2.1 billion.

05/06/2020

The inside scoop from the AICPA

The AICPA just released the PPP Loan Forgiveness Services Matrix to help navigate through various engagements or other services around documenting expenses related to PPP forgiveness. Includes helpful links to sample letters for various engagements and documentation and guidance that CPA firms should consider for client services.https://www.aicpa.org/content/dam/aicpa/interestareas/privatecompaniespracticesection/downloadabledocuments/coronavirus-ppp-loan-forgiveness-services-matrix.pdf

03/30/2020

CARES Act Seminar today @ 1:30 p.m.

03/25/2020

United HealthCare Special Open Enrollment Period. Message us for Details

03/25/2020

Enrollment for Employees Who Previously Waived Coverage

Blue Cross is happy to announce that they will allow a medical, dental and vision group special enrollment period (SEP) for fully insured and small business funding groups choosing to participate. This SEP event is in light of the COVID-19 pandemic and is intended to allow employees on groups to enroll that are not currently serving a group established eligibility waiting period and had previously waived group coverage. Message Us for Details

03/24/2020

ATTN: Business Owners

This video is about COVID-19_DB_OFFER

03/20/2020

As the number of COVID-19 cases continues to grow, proactive education and communication with our clients is critical. Use these resources, created by our Benefit Partners, to help your business navigate the COVID-19 pandemic.

Demand Insurance & Benefits, LLC, your all-in-one solution for Small Business Group Health Insurance in Metairie, Louisiana. We will provide you with a no-obligation quote on competitively priced plans, either online or through one of our benefit consultants.