We can dramatically decrease your workload this time of year with our online W-2 solution. We help our clients stay compliant and on time with their IRS documentation. So contact us if you’d like to learn more.
Late Tuesday, Congress finally worked out a partial deal to avert the full impact of the fiscal cliff. With President Obama’s signature in place, the deal will make the Bush administration’s tax cuts for individuals earning less than $400,000 annually (and couples earning less than $450,000 annually) permanent. However, it will raise rates on those who make more than that.
As many of you are probably already aware, W-2s for 2012 now require additional reporting for the Cost of Employer-Sponsored Health Coverage. This information is to be included in box 12, code DD. Every business will be required to address this new requirement this year.
Many of our clients charge for reissues. The costs range from $5 to $25 for a reprint. It is up to the client. Some charge for all forms or have current year forms free while historical forms have a cost.