EMPLOYMENT TAX

T.D. 9860, page 1297. The Stephen Beck, Jr., Achieving a Better Life Experience Act of 2014 requires the establishment of a voluntary certification program for professional employer organizations. A professional employer organization, sometimes referred to as an employee leasing company, is an organization that enters into an agreement with a client to perform some or all of the federal employment tax withholding, reporting, and payment functions related to workers performing services for the client. Being certified by the IRS as a certified professional employer organization (CPEO) has certain federal employment tax consequences for both the CPEO and its customers and clients. These proposed regulations describe the requirements a person must satisfy in order to become and remain a CPEO, and set forth the federal employment tax liabilities and other obligations of persons certified by the IRS as CPEOs.

Finding Lists begin on page ii.