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What is a GoldStar Clearance?

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What is a GoldStar Clearance?

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This type of clearance became available to qualifying firms in May, 2007. Unlike other clearances, which clear firms for past payroll periods, GoldStar Clearances are automatically advanced to qualifying firms to the start of the next quarter. For a firm that has reported its payroll and paid its first quarter premiums, for instance, a GoldStar Clearance would provide clearance to July 1, rather than April 1 as it would under the current system.

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