IRS Postpones Requirement to Report Health Insurance Benefits on W-2’s
Last March, the Patient Protection and Affordable Care Act (PPACA) added the general requirement that the aggregate cost of employer-sponsored health coverage had to be reported on the Form W-2, effective for taxable years beginning on or after January 1, 2011. IRS notes that health insurance benefits are not taxable. On October 12, 2010 The IRS announced that this policy has been revised, and employers do not have to report the cost of coverage under an employer-sponsored group health plan on the Form W-2, Wage and Tax Statement for 2011. The reporting of health benefits is for information only and will be optional for 2011.
The change was made to give employers additional time to make any necessary changes to their payroll systems and other related processes and procedures. The IRS also issued draft changes to the Form W-2 and requested that comments on the draft be provided within 30 days.
For an overview of this issue from the IRS and other recent decisions click HERE.
Make Your Reservations for the America Outdoors Conference in Salt Lake Now
The host hotel is the closest to the Salt Palace and it is expected to book up for the AOA conference in Salt Lake. You will not find a better rate nearby, so book now for the best rate. Click here to reach the special online Radisson booking site for the AOA conference. Click here to register for the conference.
Round Trip Airfares on Southwest for $60?
Southwest has some great deals. We found a $60 roundtrip from Denver.
Take a close look at the Agenda.
New Item on the Agenda:.
• The New Forest Service Recreation Framework. Jim Bedwell, Director of Recreation and Heritage Resource will give an overview of the new Forest Service Recreation Framework, the agencies strategy for the future of recreation on National Forests
Join the revolution! See the full list of Programs for 2010.
Check Out the Vendors Scheduled for the Tradeshow.
EARLY REGISTRATION: $335 per person member rate, Late Registration $410 per person member rate: Register
WHEN: Onsite Registration December 6 & 7, 2010
SEMINARS: December 7-9, 2010
TRADE SHOW: December 7-9, 2010
WHERE: Salt Palace Convention Center
HOST HOTEL: Radisson Downtown Salt Lake City. Click here for Online Reservations, or call 1-800-333-3333 Group Code America Outdoors 2010.
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