Friday, January 20, 2012

IRS Provides New Guidance On W2's For Small Businesses

The IRS has issued new guidance regarding companies having to add health benefits to employee W2 forms by the end of 2012.  The new guidance says that businesses with less than 250 W2 employees will not have to add the health benefit information this year, but companies with greater than 250 employees will have to meet this deadline.

This is great news for businesses with fewer employees.  The IRS said that the guidance with stay in force until in the IRS issues new changes.

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