January 06, 2015
LandrumHR CEO Commends Enactment of the Small Business Efficiency Act
LandrumHR’s CEO, H. Britt Landrum, Jr., applauded the recent enactment of the Small Business Efficiency Act, a new federal law which codifies the authority of Certified Professional Employer Organizations (CPEOs) to pay wages to worksite employees and to collect and remit payroll taxes for those wages.
The Act also provides protection for those employers who utilize the services of a CPEO. Certification will be granted by the IRS and not all PEOs are expected to qualify. “This is an exciting time for our industry. We believe that getting this legislation in place will broaden our reach within the small business community,” said Landrum.
LandrumHR’s HR Outsourcing division currently serves over 750 small to medium sized businesses, and pays over 11,000 worksite employees in forty-three states. Founded in 1970, and headquartered in Pensacola, Florida, the company has branches in Ft. Walton Beach, Florida, Panama City, Florida, Columbia, South Carolina, Asheville, and North Carolina.