What small firms should know about Professional Employer Organizations (PEOs)

Finding qualified staff was a top five concern for all firms with two or more professionals in the 2021 PCPS CPA Firm Top Issues Survey. A professional employer organization (PEO) is a tool that can help with many staffing and staff management concerns. Under a PEO arrangement, the firm manages their staff’s day-to-day work, but the PEO manages the employee related responsibilities and liabilities such as payroll, benefits and other human resource and administrative duties. Free of administrative burdens, firms