Don't you just hate preparing those year end W-2 forms, giving copies to the employees and sending the information off to the IRS. Well if President Obama gets his way you will be filing W-2's more often.
In President Obama's 2012 budget there is a provision that would require W-2s to be reported on a quarterly basis, rather than annually. But don't worry. That same provision was in prior years budget and did not get passed.
We will keep you posted.
Larry Kopsa CPA
