News (1984)

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Rippling Expands EOR Program 2

 Rippling has expanded its Employer of Record program to eight new countries. The change is part of the latest monthly release of the office application.

With EOR, a user can establish a legal entity in a country outside the United States, giving the user the ability to hire and pay employees in other countries. The latest additions are Colombia, Costa Rica, Denmark, Israel, New Zealand, the Philippines, Switzerland and Turkey.

In addition, Rippling is providing hourly workers with a weekly break down of pay on paystubs so they can see hours worked, including overtime, for each of the weeks included in the pay period.

Users can now down payroll comparison data as a CSV file. Rippling says it has also provided more efficient time-entry CSV imports for Time an Attendance since users can automatically reconcile timestamps based on the employee’s timezone and

filter down to a specific set of imported entries and delete only those 

They can also import thousands of entries in seconds, versus 30 minutes.

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Bob Scott's Top 100 VARS

Our sister property Bob Scott's Insights recently announced it's ranking of the Top 100 Value Added Resellers of software. Below is an excerpt and a link to the full Special Report.

A lot of money has disappeared from the reseller channel. And although many resellers report that business has improved, it is improving from a weak 2009 and early 2010. That said, the first Bob Scott’s Insights Top 100 VARs features some companies that did well in the worst of times.

Go here to download the Bob Scott's Top 100 VARS...

Sponsored by: AccountMate SoftwareCCH, a Wolters Kluwer business

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Checkpoint Learning CPE Bundles

Thomson ReutersThomson Reuters has produced three subscription packages to manage accountants' certification requirements. The packages provide Checkpoint Learning course formats, including tools to automatically track certification requirements from 100 regulators. The options are the Compliance CPE Package, the Professional CPE Package and the Premier CPE Package. Read more...

FDIC Swamps Republic with RAL Charges

Republic BankThe Federal Deposit Insurance Corp. has swamped Republic Bank with charges of violating federal regulations regarding truth in lending and safe banking practices after sending bank examiners on hundreds of visits during tax season. The charges are aimed at punishing the bank for its offering Refund Anticipation Loans during the tax season after the FDIC declared RALS to be unsafe banking practices. The agency seeks a $2 million monetary penalty, pending a hearing.

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ADP Boosts Outlook on Wage Growth

Automatic Data Processing has increased its forecast for revenue growth for itGary Butler s year based on strong improvement in important metrics for its third quarter ended March 31. The company increased its forecast to 9-percent-to-10-percent growth from the prior estimate of a 7-percent-to-8-percent increase for the year ending June 30.

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H&R Block Names New CEO

Wiliam CobbH&R Block has named William C. Cobb, a former eBay executive, as its new president and CEO who will replace Alan Bennett, who is retiring in September. Meanwhile, the company said the number of returns it prepared for the tax season was up by 6.1 percent over the 2009 tax season, as the number of online tax returns increased. However, the overall growth lagged both rival chain, Liberty Tax, and sales of Intuit's TurboTax, which both rose by 11.1 percent for the same period.

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Federal Court Upholds CPA Suspension

iRS logoA Florida CPA who challenged a 24-month suspension of practice before the Internal Revenue Service has ended up with an 36-month bar.  Lawrence Legel, who was suspended for helping a client hide income, had challenged the longer suspension sought by the IRS's Office of Professional Responsibility and had won a two-year ban on a ruling by an administrative judge.

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eFileCabinet Integrates with QuickBooks

eFileCabinet has released an integration with QuickBooks that will enable users to enter a variety of information into the small business software accounting package and have that data pulled into eFileCabinet and associated with supporting documents stored in the document management application. This includes profile data such as invoice numbers, check numbers and vendor names. Once information is entered in eFileCabinet users can search for keywords and retrieve files.

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BNA Shareholders OK Exec Pay

BNA logoShareholders of the Bureau of National Affairs have overwhelmingly approved the compensation of named executive officers in an advisory vote. They even more strongly endorsed holding advisory votes annually at the shareholders meeting held on April 16.

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SEC Holding IFRS Roundtable

The Securities and Exchange Commission will conduct a roundtable at its headquarters in Washington D.C. to discuss the benefits and challenges of incorporating International Financial Reporting Standards into the financial reporting system for issuers in the United States. The IFRS event is scheduled for July 7 at the facility at 100 F. Street N.E.

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BNA Parent Absorbs IOMA, Kennedy

BNA logoThe Bureau of National Affairs has purchased substantially all the assets of BNA Subsidiaries, a subsidiary whose product lines had been IOMA and Kennedy Information. BNA had placed the operation in Chapter 11 bankruptcy in September and a reorganization plan was confirmed by the bankruptcy court on March 22. The unit was to be renamed Kennedy Information. The sale of assets to BNA was made in consideration of its debtor-in-possession financing and intercompany claim. Read more...

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