Tax Administration
PEOs generally take over all tax administration duties, including Social Security (FICA), Medicare (FICA), Federal Unemployment (FUTA), and State Unemployment (SUTA) taxes, along with finding eligible federal and state tax credits.
Quarterly Tax Reporting & Reconciliation
PEOs automatically calculate, withhold, and remit all payroll taxes to each applicable governing body on behalf of employers. This reduces a small business liability that is exponentially more difficult to comply with as the amount of employees and work states increase.
Employee Tax Withholding
PEOs provide comprehensive payroll tax compliance, including withholding federal, state, and local taxes for employees.
