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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 ¾«¶«Ó°Òµ’s Charities President and CEOÌýJim StarrÌýshares 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.Ìý