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May 24, 2002
IRS to Crack Down on Social Security Number Violations on W-2 Forms
It has come to our attention that the Internal Revenue Service is working
on a proposal that would fine employers that file W-2 wage and tax statements
with incorrect and mismatched social security numbers. An unidentified source
indicated that the fine for each incorrect social security number would
be $50.00.
Mismatched social security numbers are a great source of incorrect wage
information. This policy may go into effect in June 2004 for W-2s issued
for tax years starting in 2002.
We will update this posting as we receive additional information.
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