Back to top

Blog

Click here to go back

THAT DIDN'T TAKE LONG

Posted by Admin Posted on Apr 20 2011

Now that the new 1099 reporting requirements were repealsed for being too costly for small businesses, Sen Tom Cobun (R-OK) has introduced a bill to require any employer filing more than 5 W-2s to file them electronically.  Currently, electronic filing is only required for employers with more than 250 employees.

Sen Coburn says the measure could save the federal government $11 million a year in processing costs for paper W-2s.

Add New Comment