Paychex Named a Preferred Payroll Provider for National Association of Enrolled Agents

ROCHESTER, N.Y.--(BUSINESS WIRE)--

Paychex has been named a preferred provider of payroll services for members of the National Association of Enrolled Agents (NAEA), a national organization of over 11,000 licensed tax professionals. The 3-year agreement provides enrolled agents with a special payroll offer for themselves and/or their referrals, including a three-month satisfaction guarantee.

Enrolled agents advise, represent, and prepare tax returns for individuals, partnerships, corporations, estates, trusts, and any entities with tax-reporting requirements. The only federally-licensed tax professionals, enrolled agents' expertise in the continually changing field of taxation enables them to effectively represent taxpayers before the IRS for audits, collections, and appeals.

"Paychex recognizes that as experts in taxation, enrolled agents possess a unique understanding of the client's financial needs," said Michael Haske, Paychex director of marketing and business development. "This agreement enhances the consultative role of the EA by providing an outstanding program of payroll solutions for their clients."

NAEA president Diana Thompson, EA, commented, "Now, in addition to receiving the best possible professional tax guidance, clients of NAEA members will be eligible for a discount on top-notch payroll services. We are thrilled to be able to offer yet another advantage to our clients."

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, time and attendance solutions and employee pay services, including direct deposit, check signing, and Readychex(R). Human resource services include 401(k) plan recordkeeping, workers' compensation administration, section 125 plans, a professional employer organization, and other administrative services for business. Paychex was founded in 1971. With headquarters in Rochester, New York, the company has more than 100 offices and serves approximately 543,000 payroll clients nationwide. Paychex is also the preferred provider of payroll and retirement plan services of AICPA Business Solutions. For more information about Paychex and our products, visit www.paychex.com.

About NAEA

The National Association of Enrolled Agents (NAEA) is a non-profit membership organization comprised of tax specialists licensed by the US Department of the Treasury. NAEA members are dedicated to maintaining the highest professional standards and to increasing the integrity of the tax administration system. For more information, visit www.naea.org.

Source: Paychex, Inc.

Released June 12, 2007