My client (a Corporation) hired a PEO for 2022. What I know is that a PEO hires the company's employees and remit taxes and files returns with the IRS. I believe the payroll tax returns are filed under the EIN of the PEO.
The IRS doesn't have a record of the payroll taxes for 2022 for my client. I told the IRS rep about the PEO arrangement, and she didn't know about them. I didn't know what to do so I ended the call. Does the PEO need to provide any "proof" of filing?
Is there an issue where proof is needed? EDIT: you said "The IRS doesn't have a record of the payroll taxes for 2022 for my client"
Your client should get payroll reports for every pay period and a year end summary, along with W-2s.
The PEO files payroll tax returns with a schedule listing each individual company and EIN, I believe. It took a while but I was able to get some of these in the COVID/PPP days.
I agree with Sue. Also there has been a mess at the IRS since covid and they didn't process 941 returns for a long time. The w2 returns, and therefore 941 returns, have obviously been filed because if they hadn't the employees 1040 returns would have been rejected.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.