Greatland, a provider of W-2 and 1099 products for business, is offering advice to help businesses and their tax preparers avoid penalties, improve compliance and know the important changes for year-end, particularly in light of the Affordable Care Act.
Under the ACA, beginning in 2013, employers are required to withhold a 0.9 percent Additional Medicare Tax on wages paid to an employee in excess of $200,000 in one calendar year.
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