UPDATE: New Law Eases PEO Migrations
On December 16, 2014, Congress passed the Small Business Efficiency Act (SBEA) and on January 1st of this year it formally took effect. After IRS delays, the law is now in full effect for employers. If you’re an employer this law affects you if...
How to Free Yourself from PEOs
The handcuffs are off. Previously, companies faced FICA/FUTA tax penalties if they wanted to leave their PEO “off-cycle”, or mid-way through a plan year. But, this is no longer the case. So what does it take to get off a PEO and regain...
Are You Ready for the New PEO Law?
On December 16, 2014, Congress passed the Small Business Efficiency Act (SBEA) and on January 1 of this year it formally took effect. Delays by the IRS have halted the new law but employers across the nation are expecting to see implementation j...