W-2 Reporting Requirements

Starting with the 2012 Tax Year, businesses that file more than 250 W-2’s will be required to disclose the cost of the employee’s medical insurance.  All size businesses will start doing this with the 2013 tax year. Please consult your Accountant about what other benefits may also be required to be reported. This guide was […]

IRS issues guidance on W-2 reporting

On January 3, 2012, the IRS issued additional interim guidance on the W-2 reporting requirement that is part of health care reform. In this guidance, the IRS confirms that employers filing fewer than 250 W-2s are not required to report the value of health benefits. This guidance extends that relief until further guidance is issued. Additionally, the […]

Employers W-2 Reporting Requirement

This piece of health care reform continues to change constantly.  United Health Care released some news on this just this week – “Employers will be responsible for reporting to employees the total cost of their group health benefit plan coverage on their W-2 forms under the Patient Protection and Affordable Care Act. The reporting requirements […]