A full breakdown of what each box represents on the IRS tax form.
When it comes to payroll and tax compliance, there are few forms more important than the Form W-2. Come tax season, the document outlines what individuals have been paid and taxed. As the employer, you're the one most responsible for ensuring the accuracy of what's on that critical form.
From Box A to 20, we've put together a comprehensive guide that you can use to get through the challenging year-end, year-start period worry-free. Don't be afraid to pass it along as well—your employees might find it equally as valuable once it comes time to file their taxes.