_Era of PEO Industry
                     The New Era of PEO Industry
The New Era for the PEO Industry
PEO services find a new metric in the USA as a sign of dependability. The 
Internal  Revenue Service in the USA recently opened up applications for a 
Professional  Employer Organisation to achieve certification status. While 
the Certified PEO  program is yet to arrive in India, it is worth 
understanding how clients to gauge the  trustworthiness in the PEO 
industry. It will certainly usher in a new era of PEO.
A brief background on Certified PEOs (CPEO)
The IRS has started this initiative under the Stephen Beck Junior 
Achieving A  Better Life Experience (ABLE) Act, 2014. This is the second 
time the initiative for  PEO certification has taken root. The first attempt 
had been caught up in delays  and hurdles. However, the second time 
around, the certified PEO initiative has  gained momentum and seems to 
be a continuous movement.
By law, the IRS will publish CPEO public listings for PEOs who have 
achieved  successful certifications. They will also publicize PEOs whose 
certification has  been revoked or suspended
How can PEO Agencies Become Certified?
The PEO service must pass thorough background checks and tax 
compliance  inspections. These checks include criminal and financial 
investigations of the PEO  owners/officers. Any and all entities set up by 
the PEO owner/officer will also be  scrutinized for taxation.
● To become a CPEO, a PEO agency must secure a surety bond. This 
figure is  about 5% of the organization’s annual federal tax liability 
up to 1 million USD.
● The PEO must satisfy certain financial review requirements. For 
this, they  are required to submit annual audit documentation 
that reflects a positive  working capital.
● For achieving PEO certification, organizations must provide 
quarterly  assertions and attestations for federal employment 
tax compliance. The  CPEO must provide written attestation 
that the PEO adhered to ALL  compliance requirements.
● Abide by the terms of client service agreements set down by 
the IRS.
● Pay an annual fee of around $1,000.
Step into the new era for the PEO Industry
Clients of a CPEO can considerably mitigate financial risks by contracting 
a  certified PEO agency. The CPEO program also assures complete 
transparency in  the reliability of a CPEO by making all certifications 
public.
Moreover, a customer can guarantee that a Certified Professional 
Employer  Organisation is reliable. Remember, to achieve the 
certification, the PEO agency  had to undergo rigorous scrutiny.
Additionally, here are more benefits of a CPEO.
Finding assurance in the absence of CPEO programs
As mentioned, India is yet to adopt any certifications for PEO agencies. So, 
how do  you assess a PEO service in India? You need to look at their 
speedy solutions and  local compliance. The right PEO agency will be 
completely transparent in its  operations and in keeping with your 
business goals and objectives.
Looking for a partner that will tailor their solutions to your unique 
situation? We are  there for you. We customize our PEO offerings to match 
your needs. Our PEO  services are not certified simply because CPEO 
programs have not come to India,  but we are already thriving in the new 
era of the PEO industry with our  transparency and technology-backed 
solutions.
We execute our plans with lightning speed so you can become 
operational in  almost no time. If you want to know more about what we 
can do for you, or need  very specific guidance, let us know.