Intuit announced an exciting change to QuickBooks Online Payroll.
In early fall 2021, the subscription for current QuickBooks Online Payroll customers will include an automated income and employment verification service powered by The Work Number® from Equifax.
New QuickBooks Online Payroll customers will get this benefit once their subscription is activated.
Employees sometimes have to verify their income and employment status when applying for things like loans, credit, or public assistance.
As business owners or managers, you likely have to manually provide this information to lenders, creditors, or government agencies. But beginning in Fall 2021, these verifications will be automated by The Work Number, which helps employees get faster approvals and saves you time.
It’s free
Even better news: There will be no additional charges from Intuit or Equifax to you or your employees for this service.
Intuit changed the QuickBooks Terms of Service to reflect the addition of the new employment verification service. The updated Terms are available here.
Contact Peak Advisers to get QuickBooks Online Payroll up and running so you can take advantage of the new automated employment verification service.