What is the Small Business Efficiency Act?

Small Business Efficiency Act – Amends the Internal Revenue Code to treat professional employer organizations (PEOs), certified by the Internal Revenue Service (IRS), as employers for employment tax purposes (thus allowing such PEOs to pay wages and collect and remit payroll taxes on behalf of an employer).

What is SBEA?

The Small Business Efficiency Act (SBEA) (S. To enable professional employer organizations (PEOs) to secure certification by the IRS as employers for the purpose of employment taxes – to pay wages and to collect and remit payroll taxes for the business employer.

What was the Small Business Efficiency Act of 2011?

The Small Business Efficiency Act of 2011, H.R. 2466, would provide clear rules for Professional Employer Organizations (PEOs) that are voluntarily certified by the IRS to collect and remit federal employment taxes for their small business clients.

What is the California small business regulatory Fairness Act?

SECTION 1. This act shall be known, and may be cited, as the California Small Business Regulatory Fairness Act. SEC. 2. CHAPTER 3.7. California Small Business Regulatory Fairness Act 11367. (1) Independently owned and operated. (2) Not dominant in its field of operation. (3) Has fewer than 100 employees.

Who are the sponsors of the Small Business Efficiency Act?

The Small Business Efficiency Act (H.R. 2466) introduced by Congressmen Kevin Brady (R, TX) and Mike Thompson (D, CA), would clarify the rights and responsibilities of PEOs with regard to withholding and remitting payroll taxes and improve tax compliance. NAPEO has endorsed this legislation.“

What does SB 1457 do for small businesses?

SB 1457, as amended, Borgeas. State regulatory action: Small businesses: reduction or waiver of civil penalties. penalties for violation of regulations or statutes.