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When Must Employers Report:
Large employers, defined as those that filed 250 or more Form W‐2’s for the 2011 tax year, must report the cost of health insurance coverage on 2012 W‐2’s. Small employers (those that filed 250 or fewer W‐2’s for the 2011 tax year) must report this information on their 2013 Form W‐2’s. Employers issue Form W‐2’s in January following the tax year, so this means the first required reporting starts in January 2013 for large employers.
Written by Mike Renner, Partner WAC Consulting, Owner at Computer Accounting Services
Mike is and expert on Sage 100 ERP with over 25 years in the accounting software industry. Mike is also a Sage Certified Trainer and a recognized leader in the design, implementation and support of ERP systems, including Sage.
Specialties
Sage 100 ERP (formally Sage MAS90/200), Sage 100 Fund Accounting (formally MIP Non Profit Software), Sage Grant Management, Sage Online Fundraising, QuickBooks Enterprise and Point of Sale VAR.
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