Five Things you Must Know About ACA's W-2 Reporting
ACA/Health Care Reform | Payroll
When large employers prepare W-2 forms at the end of this year, the Affordable Care Act (ACA) has added an additional requirement. Are you prepared to handle this new requirement?
The newest ACA requirement is to include the cost of health care coverage on the W-2 Form, Code DD on Box 12. What does this mean when you put this information on the W-2 Form? How does this impact the employee or the employer?
Infinisource provided a webinar on this new requirement on Wednesday, December 5, that reviewed:
- Basic rules
- Small employer exception
- Special COBRA rule
- Incidental coverage rule
- What’s in and what’s out
- Employer action plan
If you are required to comply, the time to learn more is now. To view this free 30-minute webinar at any time for the next 30 days, register today to receive a link to the recording.
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