W-2

MASSACHUSETTS AUDITOR REPORT, TEAMSTERS SLAM UBER, LYFT WORKER MISCLASSIFICATION SCHEME

Retrieved on: 
Tuesday, April 30, 2024
Transport, Uber, State, Instacart, Commonwealth, Legislation, Food, Government, International Brotherhood of Teamsters, W-2, Joint, Big Tech, Ridesharing

BOSTON, April 30, 2024 /PRNewswire/ -- Today, Massachusetts State Auditor Diana DiZoglio released an official report documenting how companies like Uber and Lyft have cheated the state's employee protection programs out of hundreds of millions of dollars by misclassifying workers as independent contractors.

Key Points: 
  • The report, "Assessing Transportation Network Companies' Financial Obligations to Massachusetts Programs," did not include how much money worker misclassification has cost the state in other programs like food and health care assistance.
  • "The Massachusetts State Auditor's report exposes the true cost of worker misclassification.
  • Companies like Uber and Lyft are exploiting workers and taxpayers in the name of innovation and convenience,' said Teamsters General President Sean M. O'Brien.
  • The Teamsters strongly encourage all states to conduct similar audits as Massachusetts.

Proactive Healthcare Staffing Sets the Standard for High-Quality, Compliant Care for Skilled Nursing Facilities in Washington

Retrieved on: 
Monday, April 29, 2024
Communication, W-2

By focusing on W-2 employees, Proactive Healthcare Staffing upholds a superior standard of care by providing clinicians with proper training, supervision, and support.

Key Points: 
  • By focusing on W-2 employees, Proactive Healthcare Staffing upholds a superior standard of care by providing clinicians with proper training, supervision, and support.
  • Through their proactive approach to medical staffing, Proactive Healthcare Staffing sets a new standard in the industry.
  • As healthcare facilities seek dependable and compliant staffing solutions, partnering with Proactive Healthcare Staffing has provided healthcare facilities with high-quality, reliable, compliant care.
  • Proactive Healthcare Staffing is committed to setting industry standards for healthcare staffing in the Northwest.

Cohome Launches Innovative Fractional Ownership Marketplace to Transform Real Estate Investment for Retail Investors and Brokers

Retrieved on: 
Friday, April 26, 2024
FICO, Estate agent, W-2, Property management

This new offering is designed to democratize real estate investment, making investment home ownership accessible to a broader audience of retail investors and an effective solution for real estate brokers.

Key Points: 
  • This new offering is designed to democratize real estate investment, making investment home ownership accessible to a broader audience of retail investors and an effective solution for real estate brokers.
  • Cohome is revolutionizing the real estate industry with the introduction of a fractional ownership marketplace.
  • Cohome has developed a marketplace that enables retail investors to acquire curated investment properties with as little as 1/8 ownership.
  • Real Estate Brokers are fueling our expansion while Cohome provides an innovative home ownership to their business in the new industry era.

TEAMSTERS, MASSACHUSETTS LAWMAKERS JOIN FORCES TO FIGHT GIG WORKER MISCLASSIFICATION

Retrieved on: 
Monday, April 22, 2024
Physical abuse, Local, Silicon, International Brotherhood of Teamsters, W-2, Uber, Collective bargaining, State, Big Tech

BOSTON, April 22, 2024 /PRNewswire/ -- Today, Teamsters Local 25 members were joined by State Senator Lydia Edwards (D - Third Suffolk) at a monthly membership meeting where they voted unanimously to endorse S.627/H.1158. The two bills, authored by Edwards and State Representative Andy Vargas (D - Third Essex), would protect union members from having their compensation and benefits undercut by bad employers by extending collective bargaining rights to workers at app-based companies while simultaneously strengthening state and federal statutes that protect employees from being misclassified as independent contractors.

Key Points: 
  • "These bills are critical to our union," said Tom Mari, President of Teamsters Local 25.
  • "Workers' wages, work rules, benefits, and pension plans are all at stake in this fight.
  • We can't allow greedy CEOs from Silicon Valley to destroy the good jobs we fought to create in Massachusetts."
  • Founded in 1903, Teamsters Local 25 represents thousands of workers in a wide variety of industries throughout the Greater Boston area.

TEAMSTERS TO HOLD VOTE ON ENDORSEMENT OF BILLS TO FIGHT GIG WORKER MISCLASSIFICATION

Retrieved on: 
Friday, April 19, 2024
Theft, Local, International Brotherhood of Teamsters, Legislation, W-2, Uber, Collective bargaining, State, Big Tech

If enacted, the legislation would protect union members from having their compensation and benefits undercut by bad employers through the extension of collective bargaining rights to gig workers at app-based companies.

Key Points: 
  • If enacted, the legislation would protect union members from having their compensation and benefits undercut by bad employers through the extension of collective bargaining rights to gig workers at app-based companies.
  • The anti-misclassification bills come amid a push by Uber, Lyft, Instacart, and other Big Tech firms to force a referendum on the November ballot.
  • "Misclassification isn't innovation — it's a racket that cheats everyone except the companies that exploit it," said Tom Mari, President of Local 25.
  • "Wage theft via app is still wage theft, and it must be stopped."

Diversify Advisor Network Completes Its Fourth Acquisition of the Year with the Addition of $645M Key Advisors Wealth Management

Retrieved on: 
Thursday, April 11, 2024
W-2, Partnership, Investment, RIA

SANDY, Utah, April 11, 2024 /PRNewswire/ -- Diversify Advisor Network ("Diversify"), the advisor-founded, and advisor-led wealth management firm, today announced that Key Advisors Wealth Management, a Delaware-based fee-only firm with $645 million in assets under management, is joining Diversify Wealth Management to take advantage of its Partner Platform affiliation model. 

Key Points: 
  • SANDY, Utah, April 11, 2024 /PRNewswire/ -- Diversify Advisor Network ("Diversify"), the advisor-founded, and advisor-led wealth management firm, today announced that Key Advisors Wealth Management, a Delaware-based fee-only firm with $645 million in assets under management, is joining Diversify Wealth Management to take advantage of its Partner Platform affiliation model.
  • Mr. Ghabour and his team will now transition to Diversify Wealth Management, Diversify's Partner Platform.
  • Diversify Wealth Management, Diversify's Partner Platform, was launched in January 2024 as a W-2 employee-affiliation-model RIA.
  • The expansive Diversify Advisor Network encompasses Diversify Wealth Management, along with Diversify Advisory Services, an independent RIA platform and DFPG Investments, a full-service independent broker-dealer.

Varda Announces $90 million Series B Funding to Build Factories in Space

Retrieved on: 
Friday, April 5, 2024
Space research, Founders Fund, Environment, HIV, Research, Khosla Ventures, Ritonavir, Hypergravity, ISS, Lux Capital, Crystallization, Soil, W-1, Government, W-2, Pharmaceutical industry

EL SEGUNDO, Calif., April 5, 2024 /PRNewswire/ -- Varda Space Industries, Inc., the world's first in-space manufacturing and hypersonic Earth re-entry logistics company, today announced the completion of a $90 million Series B funding round, led by Caffeinated Capital, with participation from Lux Capital, General Catalyst, Founders Fund, and Khosla Ventures. Varda has raised $145 million to date.  

Key Points: 
  • The capsule's payload included an experiment to reformulate Ritonavir, a well-known antiretroviral drug primarily used to treat HIV.
  • Varda is their first pathway to commercialize this work, and we're pleased to see our investors recognize that potential," said Varda President Delian Asparouhov.
  • Varda offers a path to revolutionize the pharmaceutical industry, potentially leading to reductions in healthcare costs and better patient outcomes," said Varda CEO Will Bruey.
  • Varda aims to eventually launch capsules on a monthly cadence, making space research, development, and orbital manufacturing accessible to a range of terrestrial industries.

Branch Recognized for Digital Banking Innovation in 8th Annual FinTech Breakthrough Awards Program

Retrieved on: 
Thursday, March 14, 2024
Fintech, Digital banking, White label, As a service, Publishing, Regulatory technology, Android, Engineering, Workforce, IOS, W-2, Cryptocurrency

MINNEAPOLIS, March 14, 2024 /PRNewswire-PRWeb/ -- Branch, the leading workforce payments platform, today announced that its Branch White Label solution has been selected as winner of the "Best Banking-as-a-Service Solution Provider" award in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market today.

Key Points: 
  • Branch White Label allows companies to quickly launch a branded payments experience backed by Branch's core payments technology and team of experts.
  • Operating as both a product and a service, Branch provides a digital wallet with fee-free banking services, instant payments, cash back rewards, and savings tools along with minimal technology investment and program management.
  • Using Branch, companies can offer their workers financial benefits and faster payments along with a company branded mobile app and debit card.
  • The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders, and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more.

Now is The Time to Process W2 and W3 Corrections with 2023 ezW2Correction Software

Retrieved on: 
Friday, March 1, 2024
Printing, W3C, File, Social Security, SSA, Social, PDF, W-2, SSN, Software, W2

ALLENTOWN, Pa., March 1, 2024 /PRNewswire-PRWeb/ -- ezW2Correction software from Halfpricesoft.com, offers support for employers and tax professionals to seamlessly process and file W2C and W3C correction forms. With one 2023 version, clients can process unlimited corrections from years 2014-2023. Furthermore, if printing forms is preferred, the application is SSA approved to print the corrections on plain white paper and this feature is SSA approved.

Key Points: 
  • ALLENTOWN, Pa., March 1, 2024 /PRNewswire-PRWeb/ -- ezW2Correction software from Halfpricesoft.com, offers support for employers and tax professionals to seamlessly process and file W2C and W3C correction forms.
  • Latest 2023 ezW2Correction software supports business owners, tax professionals and HR streamlining the task for novice clients.
  • Latest 2023 ezW2Correction software always supports unlimited filing and forms in one single installation starting at 49.00 for paper printing.
  • If pre-printed forms are the preferred method of processing W2 and W3 correction forms, ezW2Correction can also fill data on pre-printed forms.

Steward Partners Named Hybrid RIA of the Year by Wealth Solutions Report

Retrieved on: 
Wednesday, February 21, 2024
RIA, Acquisition, IAR, AUM, Assets under management, W-2, Partner, Entrepreneurship, Partnership, Financial adviser

NEW YORK, Feb. 21, 2024 /PRNewswire/ -- Steward Partners, a full-service, employee-owned, independent financial services firm, has been recognized as Hybrid RIA of the Year by Wealth Solutions Report in the second annual invitation-only Wealth Exemplar Awards.

Key Points: 
  • NEW YORK, Feb. 21, 2024 /PRNewswire/ -- Steward Partners, a full-service, employee-owned, independent financial services firm, has been recognized as Hybrid RIA of the Year by Wealth Solutions Report in the second annual invitation-only Wealth Exemplar Awards.
  • This honor is awarded to the top three Registered Investment Advisor (RIA) firms offering fee-based solutions alongside commissionable services through W-2 and independent financial advisors.
  • "We are honored to be named Hybrid RIA of the Year by Wealth Solutions Report.
  • Furthermore, Steward Partners entered into a collaboration with VRGL to leverage its client acquisition and proposal management solution, reinforcing the firm's technological capabilities.