TALLAHASSEE, Fla – Florida CFO Alex Sink today asked state employees to sign up to receive their W-2 forms electronically, which could save Florida taxpayers $75,000 annually if all state employees participated. CFO Sink also highlighted conveniences for employees with electronic W-2s, including earlier access to the form and eliminating the risk of the form being lost or misplaced.
“I am always looking for ways to save money and improve efficiency for the state, and having our employees receive their W-2 forms electronically is a great example of how we can be more cost effective,” said CFO Sink. “I encourage all state employees to take advantage of this quick and easy option, which saves taxpayers thousands of dollars and also allows employees the convenience of online access to this important document.”
CFO Sink sent an email to all agency heads today to share with their state employees urging them to take advantage of this convenient option by visiting the Employee Information Center website to opt in. CFO Sink’s Department of Financial Services will notify participating employees via email when electronic 2010 W-2 forms are available in early January 2011 and employees can also view and print payroll earnings statements online. Over 28,000 state employees have already registered to receive their W-2 forms electronically.
CFO Sink has saved the state millions of dollars by running state government more efficiently and cost effectively. CFO Sink’s Department of Financial Services realized over $1 million in savings for Florida’s taxpayers through numerous electronic and paperless efforts and cut print volume in half since 2007. For more information on CFO Sink’s cost savings efforts or electronic W-2 forms, visit www.MyFloridaCFO.com.