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Home / IBR Headlines / New guidance sheds light on health care reporting on W-2 forms (access required)

New guidance sheds light on health care reporting on W-2 forms (access required)

As many employers are aware, the Patient Protection and Affordable Care Act amends the Internal Revenue Code to require employers to report the aggregate cost of applicable employer-sponsored health coverage on employees’ W-2 forms. While this requirement initially was scheduled to take effect in 2011, guidance from the Internal Revenue Service extended the compliance period, so ...

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