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IRS Eases CPA Requirements for Certified PEOs

from Accounting Today

The Internal Revenue Service and the Treasury Department are providing new guidance on the requirements for professional employer organizations seeking voluntary certification, relaxing some of the original requirements for submitting written opinions and attestations from CPAs. In May, the IRS proposed temporary regulations for a new voluntary certification program for professional employer organizations, in accordance with a 2014 law known as the ABLE Act. more

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