New regulations require Box 12 on IRS form W2 to report the value of employer-provided healthcare coverage. This new ‘informational’ item gives citizens reason to believe that this is a precursor for higher taxes on a variety of benefits and assets. Please explain if the administration will tax these, other items, to help balance the budget.
This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.
