Under the Affordable Care Act, employers are required to report the aggregate cost of employer-sponsored group health plan coverage on their employees’ Forms W-2. The Form W-2 reporting requirement is currently optional for small employers. In the case of this requirement, an employer is considered a small employer if it had to file fewer than […]Continue Reading →
Posts Tagged 'Form W-2'
Last month, legislation was passed that retroactively increased the 2014 transit benefit monthly limit from $130 to $250. The IRS has issued new guidance to help employers understand what action they may need to take. This includes a special administrative procedure for employers to use in filing Form 941 for the fourth quarter of 2014. Special […]Continue Reading →