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Chris Johnson, Manager Consulting Services - J.W. Terrill

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Healthcare Reform: Current Events• 2011 W-2 Reporting Requirement Delayed– PPACA required reporting of aggregate plan value on W-2’s– IRS Notice 2010-69 provides interim relief to employers.• Requirements will be postponed for one (1) year.• Reporting will be optional during 2011– IRS determined that employers needed additional time to make changes to payrollsystems and procedures in order to comply.– IRS will be releasing further guidance “…later this year…”

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