Tax consulting firm helps PEOs effectively retrieve overpaid taxes
Hopkinton, MA — January 16, 2019 — PrismHR, the leading HR software platform for human resource outsourcing (HRO) service providers, today announced a new partnership with State Tax Solutions. The consulting firm provides Professional Employment Organizations (PEOs) guidance on federal, state and local tax regulations which often results in significant tax savings and refunds.
“It’s common for PEOs to overpay federal, state or local taxes. PrismHR customers have told us they want to ensure they can easily mitigate this challenge,” said Kraig Sanders, Manager, Strategic Partnerships, PrismHR. “PrismHR customers pay no fee unless State Tax Solutions is able to secure incremental tax refunds for them, and in many cases, those refunds can be significant. It’s a tremendous money-saving opportunity for our PEO customers.”
“We are pleased to partner with PrismHR and are excited to bring our services to their customers,” said Scott Guenther, State Tax Solutions. “Our proprietary process, experienced professionals, and extensive resources have yielded our PEO clients refunds ranging from $25,000 to over $500,000, with a typical recovery in excess of $50,000. State Tax Solutions is renowned for providing innovative, personalized, value-added services that increase profitability.”
PrismHR customers can learn more about State Tax Solutions by visiting its PrismHR Marketplace page.
PrismHR creates exceptional software and services, empowering human resource outsourcing service providers such as Professional Employer Organizations (PEOs) and Administrative Service Organizations (ASOs) to deliver world-class payroll, benefits and HR to small and medium sized businesses. PrismHR software is used by more than 88,000 organizations and 2.2 million worksite employees, processing greater than $57 billion in payroll each year. For more information, visit www.prismhr.com.
About State Tax Solutions
State Tax Solutions, Inc. is a niche consulting firm based in Tampa, Florida. We have been providing services to the pioneers and leaders in the PEO industry, as well as other large employers, for the past 20 years. We are known for our responsiveness, and close attention to our clients’ needs. We were founded by our managing shareholder, Mr.Scott Guenther, formerly a manager with KPMG state and local tax practice. Our principals and managers have extensive “Big Four” state and local tax experience, and we provide exceptional services for virtually any tax related client engagement. Our success is based on our ability to save our clients valuable time and money. For more information, visit https://www.statetaxsolutions.com.
Jonathan Wall, PrismHR
508.747.7261 x 285
Scott Guenther, State Tax Solutions