If you filed at least 250 W-2s for 2012, you’ll be on the hook for reporting the aggregate cost of employees’ health benefits on their 2013 W-2s. The chart below lists health benefits and whether you must report them. The IRS has clarified that even if a benefit isn't reportable, you may voluntarily report it.
Payroll law is complex, confusing … and becoming more legally dangerous. Make one simple mistake, and you’re sure to hear about it from employees … the CEO … and possibly the IRS....Click here to find out more.