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.