W-2
Are You Missing a W-2?
The IRS website can be very helpful. I wanted to point out one of the most recent IRS tax tips that will help taxpayers who are having trouble getting their W-2’s or have misplaced their W-2’s and are ready to … read more
New Guidance on W-2 Reporting Issued by IRS
In a recent Internal Revenue Service Notice number 2011-28, guidance is provided on informational reporting to employees of the cost of their group health insurance coverage as required as part of the Affordable Care Act. The purpose of the provision … read more
What to do if You are Missing a W-2
With the many hardships businesses have faced in recent years, there is a chance that some employers aren’t in business by the time they are required to furnish W-2 statements to employees. In a recent IRS tax tip, the IRS … read more
W-2 Reporting of Health Insurance Coverage is Now Optional for 2011
The IRS has recently announced that employers won’t have to report the aggregate cost of employer-sponsored group health plan coverage on Forms W-2 issued for 2011. The Reporting for 2011 will be optional, and employers taking advantage of the reprieve … read more