In a release sent Nov. 19 from CFO Alex Sink, she said that on Wednesday she asked state employees to sign up to receive their W-2 forms electronically. She said it will "save Florida taxpayers $75,000 anually if all state employees participated."

In addition, the employees would get earlier access to the form.

Sink said she's always looking for ways to "save money and improve efficiency for the state," and then she reaffirmed that using the electronic version of the employees' W-2 forms is a way to be more cost-effective.

Through e-mail, Sink's Department of Financial Services will alert anyone participating in the program when electronic 2010 W-2 forms are available in early January 2011.

More than 28,000 state employees have registered for their electronic W-2, according to the release.

For more information, visit MyFloridaCFO.com.