Where should I report the wages and payroll taxes on the 1120-S when the S-Corp has a professional employer organization, (PEO) process their payroll?  The S-Corp has no payroll or payroll taxes being reported under their employer ID number.  The PEO reports the payroll and pays the taxes under their federal ID number instead.  Wouldn't this be a target for an audit?  Does anyone have any experience with this?