Texas PEO Annual Report is a document that outlines the performance and financial health of a Professional Employer Organization (PEO) in the state of Texas. It provides an overview of the PEO’s services, its compliance with Texas labor laws, and its financial statements. The report also includes information on the PEO’s executive officers and board of directors, as well as any changes to the PEO’s corporate structure. It is an important document for any PEO operating in Texas and is required to be filed with the Texas Workforce Commission (TWC). There are two types of Texas PEO Annual Reports: the Annual Statement of Compliance and the Annual Financial Statement. The Annual Statement of Compliance is a document that outlines the PEO’s compliance with applicable labor laws and regulations, as well as any changes to the PEO’s corporate structure. The Annual Financial Statement is a detailed report on the PEO’s financial health, including income statements, balance sheets, and cash flow statements.