Posts Tagged ‘ healthcare ’

IRS Delays W2 Healthcare Cost Reporting

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October 19, 2010
IRS Delays W2 Healthcare Cost Reporting

The Patient Protection and Affordable Care Act (PPACA) requires employers to report the aggregate cost of employersponsored group health coverage on an employee’s Form W-2, beginning with the 2011 tax year. Although the information must be disclosed, the cost of the coverage remains tax-free to the employee. On October 12, the Internal Revenue Service announced...
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