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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Morningstar Restores Benefits Despite Net Decline

Morningstar logoAlthough revenue and net income dropped for 2009, Morningstar has begun restoring benefits that were suspended last year as the company ended the year with an upturn in results in the fourth quarter. It had suspended 100-percent matching contributions to employee 401(k) plans, but is now matching 50 percent of the employee money. It also expects to provide some moderate pay increases in 2010 after keeping most compensation flat last year and is filling some vacant job positions.

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AICPA to Publish Two Top Tech Lists

The American Institute of CPAs plans to replace its annual Top Ten Technologies list with two lists, one for CPAs in public practice, and the other for accountants industry, according to the chair of the task force that has decided on the change. However, Chairman Ron Box said the committee immediately plans to work on the 2011 list so that this year's delay in publishing the list won't be repeated.

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CBIZ Exiting Technology Business

Steve Gerard CBIZ has decided that it can't make enough money in its technology business and will wind down the operations over the next six months as client projects are completed. The company has concluded that after two money-losing years, it can't effectively compete and generate a profit it can live with. The decision that it has effectively exited the business at the end of 2009 was announced this week during the Webcast of the company's fourth-quarter financial results.

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AccuFund Version 3.09 NonProfit Accounting

AccuFund LogoVersion 3.09 of the AccuFund Accounting Suite adds General Ledger Allocations and email capabilities to the Financial and Standard Report Writers while the Client Accounting module now includes Client Invoicing. The enhancements to the report writers mean users emailing reports directly from the system can break out a selected page or pages and automatically distribute them via email to selected recipients.

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Liberty CEO Predicts Return Filing Declines for Competitors

liberty taxCompetitors H&R Block and Jackson Hewitt Tax Services will experience declines in number of tax returns prepared in the 2010 tax season, with the latter tax preparation facing challenges because of its inability to get full funding for its Refund Anticipation Loan program, John Hewitt, CEO of Liberty Tax, predicted this week. Hewitt also said that mom-and-pop stores, which have been grabbing market share "for most of the Twenty-First Century" would at least break even this year.

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AICPA Mulls Fate of Top Ten Technologies

AICPA logoThe American Institute of CPAs is considering the future of its annual selection of the Top Ten Technologies. The selection, which is usually announced by now, was hampered this year by the resignation of the chair of the committee that organizes the process and by the consideration for changing the program's direction.

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CCH Pumps Out More IntelliConnect Enhancements

CCH logoRIVERWOODS , Ill. - CCH has continued to spin out more enhancements to its new IntelliConnect tax research platform, announcing the second round of changes since January 1 and the third set after launching the product last year. This edition included improved speed and performance and changes to information filtering. Read more...

Intuit Reposts Bank Product Info on Web

Intuit LogoAfter removing information from the Bank Products section of its Web pages for the ProSeries tax preparation software in January, Intuit has reposted information about the companies that providing services. The information was removed after the withdrawal of Santa Barbara Bank & Trust from the Refund Anticipation Loan market. Read more...

Liberty Tax Reports Filing Growth, Low RAL Approval

John Hewit, CEO, Liberty TaxVIRGINIA BEACH, VA. -  Liberty Tax Service has reported that the number of tax returns filed for this season through January 31 has risen by 18 percent with the company reporting a 36 percent increase in revenue. Meanwhile, same store sales increased by more than 25 percent. The company also said its store operators are reporting that approval of refund anticipation loans by the Internal Revenue Service have dropped to 55 percent, from a historic level of 75 percent.

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M&P and RSM McGladrey Agree to Net Income Split

RSM McGladrey, a subsidiary of H&R Block, and McGladrey & PRSM McGladrey logoullen, have agreed to a split the net income from the RSM operations with the Block unit getting two third and M&P one third of the bottom line. The parties, which renewed their relationship in December, have also agreed to change compensation arrangements, which were not spelled out.

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