Tag: W-2

Gig

Hourly Workers Do Not Understand the Difference Between W-2 and 1099 Classifications

Late last year, California passed Assembly Bill 5—otherwise known as AB5—that makes it harder to classify workers as independent contractors. The new law, which is currently on hold pending on the outcomes of several lawsuits filed by California businesses, would move some gig workers to employees and entitle them to benefits like sick leave, unemployment […]

Employers Welcome IRS Deferral of Health Care Reform’s W-2 Reporting Requirement

The IRS recently issued Notice 2010-69, which defers the Form W-2 reporting requirement found in the Patient Protection and Affordable Care Act (PPACA) by clarifying that such reporting won’t be mandatory for W-2s issued for 2011. The provision in the PPACA that addresses this W-2 reporting was designed to be effective for taxable years beginning […]