1545-BN20 201804 Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Certified Professional Employer Organizations (Temporary)

The Stephen Beck, Jr., Achieving a Better Life Experience (ABLE) Act of 2014, enacted on December 19, 2014, as part of the Tax Increase Prevention Act of 2014 (Pub. L. 113-295), requires the IRS to establish a voluntary certification program for professional employer organizations (PEOs). Section 206 of the ABLE Act creates two new Code sections, 3511 and 7705, relating to the tax consequences and requirements for certified PEOs (CPEOs). Sections 3511(h) and 7705(h) provide that the Secretary shall prescribe such regulations as may be necessary or appropriate to carry out the purposes of those sections. The regulations will address the requirements an entity needs to satisfy in order to become and remain a CPEO and the tax consequences resulting from and associated with becoming a CPEO.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage No No Other 26 CFR 301.7705-1T 26 CFR 301.7705-2T 26 CFR 31.3511-1 26 U.S.C. 7805 26 U.S.C. 3511 26 U.S.C. 7705 No Final and Temporary Regulations 05/06/2016 81 FR 27315 Final and Temporary Regulations Effective 05/06/2016 Final and Temporary Regulations; Correction 07/12/2016 81 FR 45012 Final Action 02/00/2019 REG-127561-15 (Temp) Drafter attorneys: Melissa Duce, Andrew Holubeck, and Neil Shepherd (202) 317-6798 Reviewer attorney: N/A Treasury attorney: N/A CC:TEGE No No None No No No No Andrew Holubeck Kenneth Senior Counsel 1545 Internal Revenue Service IRS 202 317-4774 855 592-9845 andrew.k.holubeck@irscounsel.treas.gov 1111 Constitution Avenue NW., Washington DC 20224 Melissa Duce Attorney 1545 Internal Revenue Service IRS 202 317-6798 855 592-9845 melissa.l.duce@irscounsel.treas.gov 1111 Constitution Avenue NW., Washington DC 20224