Year End Compensation Reporting

2W-Form-2012-1It’s the time of year when organizations are preparing for year end tasks, including W-2 and 1099 reporting of compensation. There are many aspects to this process, and it can be complex.

The accounting services team at Eide Bailly has prepared a very helpful resource – The 2012 Year-End w2/1099 Guide.

The 1099/W2 book provides instructions for common 1099 and W2 reporting issues including:

  • How to complete various forms, as well as making corrections to those forms
  • Common tax reporting and employee benefit issues
  • Changes for the following year, such as new tax rates and wage limits

The guide is available for download on the website – www.eidebailly.com/services/accounting-services/.

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