Over the next week or so, employees will receive their annual W-2 forms. I’m always surprised in see the lump sums that I both earn and pay in taxes — one number always seems larger than it should be and one seems smaller. (Guess which is which.)
Come next January, I’ll have a third number to ponder over, thanks to the Patient Protection and Affordable Care Act. As you know, for tax year 2011, PPACA requires employers to report the aggregate cost of health coverage on employees’ W-2s, provided to workers by Jan. 31, 2012.
