On March 6, 2013, Senator Grassley (R-IA) and Senator Bill Nelson (D-FL) introduced the Small Business Efficiency Act into the Senate (S. 479). Senator Pryor (D-AR), Senator Portman (R-OH), and Senator Landrieu (D-LA) have joined as co-sponsors.
The Small Business Efficiency Act of 2013, S.479, would provide clear rules for Professional Employer Organizations (PEOs) that are voluntarily certified by the IRS to collect and remit federal employment taxes for their small business clients. It will provide certainty for small businesses that use certified PEO services and will allow those small businesses to do what they do best- focus on their core business, grow their businesses, and create more jobs.
Learn more about how Professional Employer Organizations support small business.