The updated Terms of Service are available here. In communication provided to Intuit customers, the company says this new free feature, will make it easier for their employees to provide information to lenders, creditors, or government agencies. We will update as more details become available. NOTE: This update will not impact QuickBooks Desktop until sometime in the Fall of 2021. At that time, small businesses that use these programs will allow Intuit to share payroll information with Equifax, which will, according to information from Intuit, “let millions of small business employees get easy access to employment and income verification services when they wish to apply for a loan or line of credit.” According to Intuit, the program goes live on Aug. If you are a QuickBooks or Intuit Online Payroll user, time is running out to “opt-out” of The Work Number, a user-paid verification of employment database created by TALX Corp., a data broker acquired by Equifax in 2007. Please know you can continue to reach me here with any additional questions.Don’t Want To Automatically Sync Employee Information With Equifax, You Don’t Have To – Learn How To Opt-Out Just in case you want to reactivate your QuickBooks payroll subscription in the future, you can check out this article for the detailed steps: Reactivate your QuickBooks Payroll subscription. I'm adding this article for more guidance: Cancel Your QuickBooks Payroll Subscription. Follow the on-screen steps to cancel your payroll service.Sign in using your Intuit Account login and the Account Portal page will open.Go to the Employees menu, then select My Payroll Service and choose Account/Billing Info.
Once you're ready to cancel it, you can follow the steps below: You'll just want to make sure you complete your final payroll, print the necessary payroll reports, and save a copy of all the tax forms you created. However, you won't be able to recreate any payroll tax forms. You can still work with your QuickBooks company file after canceling your payroll subscription.
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