What’s new with your W-2? It’s that time of year where everyone who works as an employee of a company will be receiving their W-2 which details how much money they have earned and what taxes they have paid. Your employer is required to deliver it to you by the end of January. I have… Read More
2013 Changes to W-2
2012 ConnectPay Informational Series Form W-2 Reporting of Employer-Sponsored Health Coverage The Affordable Care Act requires employers to report the cost of coverage under an employer-sponsored group health plan. Reporting the cost of health care coverage on the Form W-2 does not mean that the coverage is taxable. The value of the employer’s excludable contribution… Read More