• New 2012 IRS W-2 Reporting Requirements

    New 2012 IRS W-2 Reporting Requirements

    Date : Monday, June 11, 2012

    Under the Affordable Care Act, Employers are now required to report on the costs of coverage for Employer-Sponsored Group Health plans on W-2s in January 2013 for Calendar year 2012 and future Calendar years unless the employer meets the criteria for exemption which is listed below. The new reporting requirement is for the employee’s information only and is intended to provide useful and comparable consumer information on the cost of their health care coverage. ..

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