“Legislation creating a voluntary certification program for professional employer organizations within the IRS received approval from the US Senate last night, the National Association of Professional Employer Organizations announced. It passed the House two weeks ago.
The legislation, the Small Business Efficiency Act, was part of a tax extenders bill passed by the Senate, according to NAPEO.
“This is truly a historic moment for the PEO industry,†said NAPEO Chairman Brent Tilson, president and CEO of Tilson HR in Greenwood, Ind. “We urge the president to sign the extenders bill and we look forward to working with the administration on the regulations so we can get the necessary framework in place to broaden our reach within the small business community.â€
Under the legislation…”
Originally posted by Staffing Industry Analysts. Full article can be found at http://www.staffingindustry.com/Research-Publications/Daily-News/Senate-approves-PEO-certification-bill-buyers-would-get-tax-assurance-32562
