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Why is owner payroll needed if owners are excluded?

The audit form is designed to gather information from a wide variety of businesses. For owner’s payroll, information is requested mainly for owners who have coverage under workers compensation.

The payroll information is also used to reconcile payroll totals between owners/employees and the amounts requested for payroll verification on forms like 941 or state unemployment. As part of each audit review, workers compensation exclusion endorsements are carefully reviewed to determine which owners are included within coverage and will be charged and which owners are excluded and will not be charged. Your information will be protected in accordance with our Customer Privacy Statement.