Welcome to our Healthcare Reform Blog!

The Affordable Care Act (ACA) of 2010 has many implications for individuals and employers, many of which will take effect in 2014. We, at The Rockwood Company, are dedicated to providing you with timely information to help you make benefit choices for 2014 and beyond. We are using this blog to provide you with the most up-to-date information. New information will be posted on the front page, and tagged with the appropriate classification. Classifications will be individuals, small groups (less than 50 employees) and large group (greater than 50 employees).

Wednesday, February 13, 2013

W-2 Reporting for groups > 250 employees

For employers filing more than 250 W-2's in 2011, you are required to report the cost of employer sponsored coverage on your employee's W-2 for 2012 (tax filing in 2013).  The amount reported does not affect tax liability, and is not taxable.

For more information please talk to your accountant or go to http://www.irs.gov/uac/Affordable-Care-Act-Tax-Provisions for additional information.
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