Latest news with #IRS-compliant
Business Wire
15-07-2025
- Automotive
- Business Wire
Cardata Intelligence: AI-Powered Vehicle Program Analytics Now Live
BOSTON--(BUSINESS WIRE)--Cardata, a leading provider of vehicle reimbursement solutions, today announced the official launch of Cardata Intelligence, a powerful new analytics platform designed to modernize how organizations manage and optimize vehicle reimbursement programs. Cardata Intelligence replaces spreadsheets and legacy tools with a smart reporting suite that cuts manual work and speeds up time-to-insight by 70%. Share Cardata Intelligence replaces spreadsheets and legacy tools with a smart reporting suite that cuts manual work and speeds up time-to-insight by 70%. Users can edit custom reports, run natural-language queries, and set alerts tied to KPIs and policy thresholds—all without relying on analysts or waiting on support teams. 'We've made a fantastic leap forward by overlaying a large language model on our database, enabling natural language queries and delivering deep, automatic insights into your vehicle program—what it looks like, where it's most effective, and how to adapt it,' said Haywood Marsh, CEO of Cardata. 'I think that's going to be a game changer for a lot of people.' Instead of reacting to issues after month-end, administrators now receive alerts and AI-detected anomalies as they occur, helping them address compliance gaps, budget risks, or operational inefficiencies immediately. Key Features: Custom smart alerts on cost spikes or mileage deviations. Customizable dashboard by region, department, or driver cohort. Scheduled reports delivered directly to stakeholders across HR, Finance, Fleet Management, and more. Otto, a natural-language analytics assistant, for filtering reports with plain language prompts. Early users report faster decision-making and improved oversight. HR teams automate compliance checks; finance leaders track regional reimbursement trends without digging through spreadsheets; and admins spot mileage outliers in seconds. About Cardata Cardata delivers IRS-compliant vehicle reimbursement solutions for organizations with mobile employees. Serving clients across various industries, Cardata helps businesses reduce costs, ensure compliance, and support employee experience with scalable, flexible reimbursement programs.
Business Wire
14-07-2025
- Business
- Business Wire
Cardata Appoints Tierney Toussaint as Chief Customer Officer to Drive Scalable, Customer-Centric Growth
BOSTON--(BUSINESS WIRE)--Cardata, a leading provider of vehicle reimbursement solutions, is pleased to announce the appointment of Tierney Toussaint as Chief Customer Officer (CCO). A seasoned executive known for transforming customer experience into a growth engine, Tierney joins Cardata at a pivotal time of expansion and innovation. In this role, she will lead customer success, support, and service operations—bringing a vision focused on scalable, solution-driven customer engagement that will fuel meaningful growth for both Cardata and its customers. 'Tierney is a transformative leader and a true advocate for customers,' said Haywood Marsh, CEO of Cardata. 'She brings a steady, human approach and an unwavering commitment to delivering value that our customers will truly benefit from.' Previously, Tierney served as Vice President at NetClaim, where she led marketing, product development, customer success, and technology. Under her leadership, the company launched new revenue-generating products, expanded globally, and enhanced operational performance and customer experience. Earlier, she held progressive leadership roles at The Home Depot, overseeing multi-site operations, learning and development, and customer resolution—gaining deep expertise in driving change in complex, high-volume environments. 'I believe real growth happens when strategy, structure, and soul are aligned,' said Toussaint. 'Cardata's mission and momentum are exciting, and I'm thrilled to help build a culture of partnership, insight, and execution with our customers at the center.' Her appointment underscores Cardata's commitment to continuously elevate service and customer partnerships. About Cardata Cardata delivers IRS-compliant vehicle reimbursement solutions for organizations with mobile employees. Serving clients across various industries, Cardata helps businesses reduce costs, ensure compliance, and support employee experience with scalable, flexible reimbursement programs.
Int'l Business Times
25-06-2025
- Business
- Int'l Business Times
The Financial Partners Founder On How Smart Business Leaders Are Building Tax-Free Wealth Using Other People's Money
Most people think of life insurance as a cost, a necessary protection policy filed away in a drawer. But what if it could be one of the most powerful tax-free wealth-building tools available? That's the question, Michael (Mike) Smith, Managing Partner and founder of The Financial Partners Group (TFP), believes more business owners and high earners should be asking. "Premium financing life insurance has long been the playbook of the ultra-wealthy," Smith explains. "But the game has changed. We're now helping executives, entrepreneurs, and even professional athletes use this strategy to create tax-free income and preserve wealth for generations. And no, it's not as risky as most people assume." Premium financing is a strategy where a client borrows money from a third-party lender to fund a life insurance policy, usually an indexed universal life (IUL) or similar cash-value vehicle. Instead of tying up capital in hefty annual premiums, the client retains control of their cash while the policy accumulates value over time. According to Smith, this approach flips the traditional insurance conversation on its head. "We're not talking about paying $100 a month to get a death benefit. We're talking about using institutional strategies, used by billionaires, banks, and major corporations, to create a tax-advantaged retirement income and long-term wealth preservation vehicle." In short, the client gets access to market upside without downside risk, IRS-compliant tax-free income through policy loans or withdrawals, and significant death benefit protection for their heirs. Smith further shares that there are minimal upfront out-of-pocket costs. And the biggest kicker is it's built on borrowed money, what he calls "one of the most efficient ways to use leverage in the financial world." Historically, premium financing was reserved for the ultra-wealthy. But Smith says today's savvy professionals, especially those under 55 with strong income, are increasingly using the same tools. "The strategy works particularly well for business owners, executives, professionals, and athletes," he says. "People who have the income and credit profile to qualify, but who don't want to lock up massive amounts of capital." Take one instance that Smith portrays: a couple in their mid-50s earning $550,000 a year, with $5 million projected in retirement savings, all taxable. They want to double their projected retirement income to $40,000 per month tax-free. The traditional route would have required $25,000 per month in new savings. Instead, using premium financing and TFP's Legacy Plan™, they are able to commit just $25,000 per year, using collateral and lender capital to generate the same (or better) outcome. "That's a 12x difference in capital outlay," Smith emphasizes. "Same goal, dramatically different journey." Despite its advantages, premium financing has long been misunderstood, even within the financial advisory world. "A lot of advisors think it's too aggressive, too risky," Smith says. "But that's because they've never been properly educated on how the strategy works, or how the risk is managed. Once I walk them through the actual structure, their response is usually: 'Oh, this isn't nearly as risky as I thought.' And they're right." Smith points to several built-in safeguards: adjustable interest rates, liquidity buffers, collateral management, and carrier guarantees. "Like any financial tool, it has to be designed right. But the risks are far more manageable than most people believe." He adds that even major privately held insurance conglomerates are now leaning into premium financing. "They wouldn't even look at this space a few years ago. Now I'm one of their intermediaries, and they're fully behind it. This goes to show that, even the most conservative financial institutions are recognizing premium financing is an important planning opportunity. And is not as risky as once thought," Smith affirms. One of the most compelling aspects of the strategy is its tax advantage. If properly structured, both withdrawals and loans from the policy's cash value can be taken out tax-free, thanks to longstanding IRS rules protecting life insurance's unique status. "These aren't loopholes," Smith explains. "They're built into the tax code. The industry has powerful lobbying support because the products serve legitimate protection and planning needs. You're putting the money to work inside an IRS-recognized structure." Because of regulations passed in 1987, policies must adhere to specific funding limits, he agrees, but those limits still leave ample room for meaningful wealth growth. With higher tax rates on the horizon and more scrutiny on qualified retirement plans, Smith argues that professionals need smarter ways to diversify and preserve wealth. He states, "You spend your whole life building your business, your career, your income. Then retirement hits, and suddenly, you're giving a huge chunk of it away in taxes. Premium financing changes that trajectory." While the strategy isn't for everyone, health, age, and income requirements apply, Smith believes more advisors should be educating their clients. "This is advanced planning. It's what the best of the best are doing. And it's time more people knew about it."
Business Upturn
12-06-2025
- Business
- Business Upturn
EHP Inc. Launches National Affiliate Expansion Initiative to Accelerate Employer Healthcare Innovation Under Mardy Gould's Leadership
Jacksonville, FL, June 11, 2025 (GLOBE NEWSWIRE) — EHP Inc., a leading provider of compliant, tax-efficient employee benefit programs, announced the launch of its 2025 National Affiliate Expansion Initiative, a strategic move aimed at scaling its transformative employer-focused healthcare model across the U.S. The initiative is spearheaded by Co-Founder and Managing Partner Mardy Gould, reaffirming the company's commitment to innovation, compliance, and growth through a robust partner ecosystem. Mardy Gould This newly launched initiative marks a pivotal step in EHP Inc.'s nationwide growth strategy, offering new opportunities for professionals and non-traditional partners to join the company's thriving affiliate network. With over 10,000 affiliates already active, the expansion initiative will provide additional training, real-time tools, and access to EHP's proprietary AI-powered compliance infrastructure, enabling partners to deliver the company's tax-smart, employee-first benefits model with confidence and scale. A Timely Expansion Driven by Founder-Led Vision The launch of the Affiliate Expansion Initiative comes amid increasing demand from mid-sized and large employers seeking effective ways to lower healthcare costs and improve employee engagement without overhauling their existing insurance. EHP Inc.'s structure, based on IRS Sections 125, 105, and 213(d), allows employers to reduce their FICA tax burden by $650 to $750 per employee annually while enhancing preventive healthcare access. 'This expansion initiative reflects our belief that smart growth starts with strong partners,' said Mardy Gould. 'We built EHP Inc. on the principles of compliance, transparency, and impact — and we're inviting professionals across the country to be part of a proven model that actually helps employers solve real problems.' The Employer's Choice for Modern, Tax-Advantaged Healthcare EHP Inc. stands out by offering a fully IRS-compliant model that integrates seamlessly with existing payroll systems and insurance plans. The program requires no out-of-pocket costs from employers and offers employees a suite of wellness services, including virtual primary care, care navigation, and personalized advocacy, services that are delivered in addition to any current benefits. Legal and ERISA-reviewed, the EHP structure helps employers retain talent, improve health outcomes, and achieve cost-efficiency without introducing unnecessary complexity. What Makes the 2025 Expansion Initiative Newsworthy The launch of this initiative represents a major milestone for EHP Inc. It includes: Regional Training Sessions: A calendar of in-person and virtual affiliate training sessions scheduled across major U.S. cities beginning July 2025. A calendar of in-person and virtual affiliate training sessions scheduled across major U.S. cities beginning July 2025. Enhanced Partner Tools: Access to a newly updated Affiliate Portal, with AI-powered proposal generation, real-time commission tracking, and automated compliance updates. Access to a newly updated Affiliate Portal, with AI-powered proposal generation, real-time commission tracking, and automated compliance updates. Tiered Compensation Model: A refined affiliate earnings structure designed to accelerate success for both new and experienced partners. A refined affiliate earnings structure designed to accelerate success for both new and experienced partners. Turnkey Onboarding: Streamlined onboarding powered by smart automation, ensuring that affiliates can activate quickly and compliantly. These enhancements are expected to double the company's affiliate footprint by year's end and strengthen its position as The Employer's Choice in employer-driven healthcare benefits. AI-Driven Compliance and National Infrastructure Central to the success of EHP Inc.'s model is its proprietary compliance automation platform, which governs everything from onboarding and documentation to payroll analysis and partner communications. The platform uses AI to maintain IRS and ERISA compliance while minimizing administrative burden for both employers and affiliates. 'Our infrastructure isn't just scalable; it's protective,' said Gould. 'Every piece of our system is designed to safeguard our clients, our partners, and our mission.' Leadership Continuity Fuels Nationwide Momentum Unlike many rapidly growing companies, EHP Inc. remains founder-led, with its original leadership team still driving strategic direction. Mardy Gould continues to play an active role in expanding partnerships, shaping program design, and advocating for smarter employer benefits at industry forums nationwide. 'We've never lost sight of why we started EHP,' Gould added. 'Our mission was, and still is, to give employers better choices through compliant, tax-savvy solutions. This affiliate expansion is a natural extension of that promise.' About EHP Inc. Headquartered in Jacksonville, Florida, EHP Inc. is a national employer solutions provider offering tax-advantaged, IRS-compliant benefit programs under IRS Sections 125, 105, and 213(d). The company helps businesses lower payroll tax liability and redirect those savings toward meaningful, preventive care for employees. With a strong legal foundation, AI-driven compliance, and a growing network of affiliates, EHP Inc. is redefining how companies manage cost, care, and compliance. To learn more about the 2025 National Affiliate Expansion Initiative or to become an affiliate, visit EHP The Employer's Choice Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
11-06-2025
- Business
- Yahoo
EHP Inc. Launches National Affiliate Expansion Initiative to Accelerate Employer Healthcare Innovation Under Mardy Gould's Leadership
Jacksonville, FL, June 11, 2025 (GLOBE NEWSWIRE) -- EHP Inc., a leading provider of compliant, tax-efficient employee benefit programs, announced the launch of its 2025 National Affiliate Expansion Initiative, a strategic move aimed at scaling its transformative employer-focused healthcare model across the U.S. The initiative is spearheaded by Co-Founder and Managing Partner Mardy Gould, reaffirming the company's commitment to innovation, compliance, and growth through a robust partner ecosystem. Mardy Gould This newly launched initiative marks a pivotal step in EHP Inc.'s nationwide growth strategy, offering new opportunities for professionals and non-traditional partners to join the company's thriving affiliate network. With over 10,000 affiliates already active, the expansion initiative will provide additional training, real-time tools, and access to EHP's proprietary AI-powered compliance infrastructure, enabling partners to deliver the company's tax-smart, employee-first benefits model with confidence and scale. A Timely Expansion Driven by Founder-Led Vision The launch of the Affiliate Expansion Initiative comes amid increasing demand from mid-sized and large employers seeking effective ways to lower healthcare costs and improve employee engagement without overhauling their existing insurance. EHP Inc.'s structure, based on IRS Sections 125, 105, and 213(d), allows employers to reduce their FICA tax burden by $650 to $750 per employee annually while enhancing preventive healthcare access. 'This expansion initiative reflects our belief that smart growth starts with strong partners,' said Mardy Gould. 'We built EHP Inc. on the principles of compliance, transparency, and impact — and we're inviting professionals across the country to be part of a proven model that actually helps employers solve real problems.' The Employer's Choice for Modern, Tax-Advantaged Healthcare EHP Inc. stands out by offering a fully IRS-compliant model that integrates seamlessly with existing payroll systems and insurance plans. The program requires no out-of-pocket costs from employers and offers employees a suite of wellness services, including virtual primary care, care navigation, and personalized advocacy, services that are delivered in addition to any current benefits. Legal and ERISA-reviewed, the EHP structure helps employers retain talent, improve health outcomes, and achieve cost-efficiency without introducing unnecessary complexity. What Makes the 2025 Expansion Initiative Newsworthy The launch of this initiative represents a major milestone for EHP Inc. It includes: Regional Training Sessions: A calendar of in-person and virtual affiliate training sessions scheduled across major U.S. cities beginning July 2025. Enhanced Partner Tools: Access to a newly updated Affiliate Portal, with AI-powered proposal generation, real-time commission tracking, and automated compliance updates. Tiered Compensation Model: A refined affiliate earnings structure designed to accelerate success for both new and experienced partners. Turnkey Onboarding: Streamlined onboarding powered by smart automation, ensuring that affiliates can activate quickly and compliantly. These enhancements are expected to double the company's affiliate footprint by year's end and strengthen its position as The Employer's Choice in employer-driven healthcare benefits. AI-Driven Compliance and National Infrastructure Central to the success of EHP Inc.'s model is its proprietary compliance automation platform, which governs everything from onboarding and documentation to payroll analysis and partner communications. The platform uses AI to maintain IRS and ERISA compliance while minimizing administrative burden for both employers and affiliates. 'Our infrastructure isn't just scalable; it's protective,' said Gould. 'Every piece of our system is designed to safeguard our clients, our partners, and our mission.' Leadership Continuity Fuels Nationwide Momentum Unlike many rapidly growing companies, EHP Inc. remains founder-led, with its original leadership team still driving strategic direction. Mardy Gould continues to play an active role in expanding partnerships, shaping program design, and advocating for smarter employer benefits at industry forums nationwide. 'We've never lost sight of why we started EHP,' Gould added. 'Our mission was, and still is, to give employers better choices through compliant, tax-savvy solutions. This affiliate expansion is a natural extension of that promise.' About EHP Inc. Headquartered in Jacksonville, Florida, EHP Inc. is a national employer solutions provider offering tax-advantaged, IRS-compliant benefit programs under IRS Sections 125, 105, and 213(d). The company helps businesses lower payroll tax liability and redirect those savings toward meaningful, preventive care for employees. With a strong legal foundation, AI-driven compliance, and a growing network of affiliates, EHP Inc. is redefining how companies manage cost, care, and compliance. To learn more about the 2025 National Affiliate Expansion Initiative or to become an affiliate, visit EHP The Employer's ChoiceCONTACT: Media Contact: Company Name: EHP Inc. Contact Person: Alex Barret Email: info@ Phone: 904-257-6217 Country: United States Website: in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
