The service is intended to streamline the process of verifying income and employment of employees seeking loans, credit, or public assistance and will be provided through The Work Number from Equifax.
The decision will affect over 1.4 million small business users of QuickBooks Online Payroll and Intuit Online Payroll services.īy sharing the payroll data, Intuit will provide an automated income and employment verification service at no additional charge to its existing and future payroll customers. QuickBooks Online Payroll Customers: Act Now to Opt Out of Payroll Data ShareĮarlier this month, Intuit announced its plans to share payroll data with Equifax, one of the three largest consumer credit reporting agencies in the U.S.
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