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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.
View items...Exec Outlines QuickBooks Online Cost
A QuickBooks Online user could pay two-and-a-half times what a desktop user would pay for QuickBooks over five years, an Intuit executive said at the Morgan Stanley Tech Media and Telecom Conference held this week in San Francisco. Kiran Patel, the SVP who heads Intuit's Small Business Group, also said revenue from QuickBooks users who purchase additional Intuit products has doubled over three years.
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SEC Reinstates Doeren Mayhew CPA
The SEC has reinstated CPA Benedict P. Rybicki, who has been a director at Doeren Mayhew since 1998. Although Rybicki had been suspended from practicing before the agency for only a year, he had not sought reinstatement since the SEC took its action on Aug. 5, 2004 over his role as sole engagement manager in the audit of MCA Financial Corp's. 1998 financial statements. The audit was performed jointly by Doeren Mayhew and Grant Thornton.
Tax & Accounting Results Strong at CCH Parent
Wolters Kluwer, the parent of CCH, had double-digit organic growth in earnings and revenue for its Tax & Accounting division in 2010 as the company produced an overall 4 percent growth in revenue. That came with sales continuing a strong shift to electronic services and services and away from print products. Software revenue grew by 5 percent in North America and what was described as "user growth in core platforms."
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Drake Names Sales VP
Drake Software has named Rocky Pattillo, a 20-year company veteran, as vice president of sales. Pattillo, who was assistant director of sales from 2005 through 2008, was most recently software sales director. He replaced John Sapp, who was promoted to the position of VP of business development. Read more...
Intuit Pro Tax Unit Sales Down Again
With 93,000 units of professional tax software sold in the second quarter ended January 31, Intuit continues to have by far the largest share of the market. But the number of units continues to slip as the most recent total is down from 95,000 in last year's corresponding quarter and off from 97,000 in the same quarter in fiscal 2009. The company's peak came in the second quarter of fiscal 2007 when Intuit sold 102,000 units. Meanwhile, Intuit regained retail market share and reported gains in online consumer tax sales for the period.
Mobile Tops AICPA Top 10 Technologies
The American Institute of CPAs has chosen control and use of mobile devices as the No. 1 issue for its Top Technology Initiatives for 2011. It's the second year for the ranking of initiatives, which last year replaced the previous Top Ten Technologies. The selection combines a variety of technologies and business processes impacted by technology.
Republic Seeks Hearing on Effort to Halt RALS
Republic Bancorp, which is providing the bulk of refund loans during the current tax season, is seeking a hearing on an opinion from the Federal Deposit Insurance Corp., that its providing refund anticipations without the availability of the debt indicator is unsafe and unsound. Republic said it has already issued about 75 percent of its projected RAL volume. The FDIC move apparently could not halt the program until a hearing is held, which is described as being 60 days from the time the bank received the notice. However, if upheld, it would end RALs for 2012.
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Thomson Tax & Accounting Shows Growth
Thomson Reuters’ Tax & Accounting business continued to perform well in the year ended December 31 as the overall company returned to growth. Tax & Accounting outpaced the rest of the company with revenue was up seven percent for the year, as the Workflow & Service Solution Segment, which includes the tax software business showed double-digit growth. Business Compliance & Knowledge Solutions was held down by a decline in print, although the Checkpoint research platform had a 9 percent increase in revenue.
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CPA2Biz Names Thomson Vet as VP
CPA2Biz, the forprofit arm of the American Institute of CPAs, has named David A. Pollak to the position of vice president of sales. Pollak was vice president of sales for 17 years with Creative Solutions and then with Thomas Tax & Accounting after it acquired that operation. Pollak was most recently VP of CPA Sales Solutions of Dexter, Mich.
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Tax Software Vendors: Mixed Results
What kind of results are software vendors getting on the number of returns filed so far this tax season? Right now the answer is mixed with CCH reporting an uptick and the number of returns filed and TaxWorks and Drake Software showing returns lagging behind expectations. It's not clear what the reasons are with the possibility the limited available of refund loans is having some impact on the lower end of the market with the extender provisions, including the fact the Internal Revenue Service won't start accepting returns with Schedule A attached until next week.
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