Through Section 139 of the IRS Code, companies can now support employee health and financial well-being completely tax-free!
What You Need To Know
TAX ADVANTAGES
Qualified disaster relief payments are tax-free for employees and a deductible expense for employers
WHAT'S COVERED?
Food and grocery delivery services, at-home office equipment, increased cost of home supplies & utilities, non-medical health-related purchases, child care services, tutoring expenses, and more
HOW JOON WORKS
JOON gives employers the ability to seamlessly reimburse employees for purchases within any spend category, Section 139 included -- no special cards or administration required
HOW JOON CAN HELP
JOON will set up the program, coordinate roll-out, and prepare all required accounting and reports
"Section 139...allows employers to make 'qualified disaster relief payments' to employees to assist the employees in managing the COVID-19 crisis. The payments are tax-free to the employees, but fully deductible to the employer."
- 3/23/20, Forbes
We're here to help
Provide the support your employees need during this time, tax-free
