Completing certain steps in Atto Payroll requires a company signatory. This is someone authorized by the IRS to sign official documents on behalf of your business.
The type of business determines who can act as a signatory, according to the IRS:
- Sole Proprietorship: The individual owning the business.
- Corporation (Including LLCs treated as corporations):
- An officer with legal authority to bind the corporation.
- Someone designated by the board of directors.
- An officer or employee authorized by a principal officer.
- Anyone authorized to access specific IRS information.
- Partnership (Including LLCs treated as partnerships) or Unincorporated Organization: Any member during the tax period covered by the relevant form.
- Single Member LLC treated as a disregarded entity: The owner of the LLC.
- Trust or Estate: The fiduciary.
Note: This information serves as a general guideline. Always consult with a qualified professional for specific legal and tax advice.