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.
View items...Thomson Readies Global Tax Workstation
Thomson Reuters is expanding its Tax & Accounting business internationally with the planned launch of what it calls the OneSource Global Tax Workstation, following a reorganization that reflects its intention to tax what has been largely an American operation into other countries.
Block Returns Rise in March, But Season Lags
- Tuesday, 23 March 2010
- News
- Written by The Progressive Accountant
KANSAS CITY, Mo. -- The number of tax returns prepared at H&R Block's retail stores rose by 4.3 percent through March 15, compared to the same period in March a year ago, but total returns for this year's tax season are off by 6.3 percent from a year earlier. Same store sales showed the number of returns prepared rising by 7 percent for the period of March 1 through March 15.
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McKinstry's 2009 Pay Flat at Wolters Kluwer
- Monday, 22 March 2010
- News
- Written by The Progressive Accountant
Compensation for Wolters Kluwer chief executive Nancy McKinstry remained virtually unchanged in 2009, although the company, parent to CCH, has decided to give three top executives raises in their base pay for 2010. McKinstry earned about $3.85 million in 2009, which was down 1,000 euros from 2008. She will receive a 2-percent increase in base pay this year
Jackson Hewitt May Hit Debt Wall
PARSIPPANY, N.J. - A tough year for Jackson Hewitt Tax Services may get tougher as the tax preparation chain, which said it would likely breach financial covenants in its credit facility, said it may not be able to refinance a $25 million term loan payment at the end of April. The company has classified the $25 million as a current obligation. It would need an amendment to the credit facility or waiver of any default or Jackson Hewitt would need to classify the $364 million balance outstanding under the credit facility as a current portion of long-term debt.
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Sage Going on Road to Improve Accountant Relations
Sage North America, whose accounting software has largely been displaced by QuickBooks at accounting firms, is going on the road as part of a program to renew relationships with accounting professionals. And it plans a certification program for its Peachtree software for the first time. The company is also hiring accountants who will help their colleagues in running tax and accounting businesses, instead of trying to sell them software.
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GilmanCiocia Gets SEC Fine and Censure
GilmanCiocia and its subsidiary Prime Capital Services have been censured by the SEC and ordered to pay hundreds of thousands of dollars of penalties and interest as the result of the sale of illiquid variable annuities to senior citizens in Florida from 2000 through 2005. The actions came as the result of an Offer in Settlement made by the financial planning organizations to settle allegations regarding fraudulent sale of annuities and lack of supervision of representatives who made the sales of unsuitable investment securities to investors over the age of 65..
Read more...TurboTax Unit Sales Up 10 Percent
- Wednesday, 17 March 2010
- News
- Written by The Progressive Accountant
MOUNTAIN VIEW, Calif. - A continuing explosion in the sale of desktop versions of TurboTax fueled a 10-percent growth in the number of units of the tax preparation software sold by Intuit through March 13. The number of Web units sold rose by 20 percent over the same point in tax season 2009 as sales of desktop units dropped by 2 percent.
Read more...RSM McGladrey Tax Revs Drop
- Tuesday, 16 March 2010
- News
- Written by The Progressive Accountant
RSM McGladrey saw tax services revenue fall by 6.8 percent for the third quarter ended January 31 as sluggish client demand led to lower rates and fewer chargeable hours. The tax services revenue is part of Block's Business Services segment, which is comprised by RSM McGladrey and RSM EquiCo. The latter, a separate reporting unit, assists clients with capital markets transactions. Tax services revenue dropped to just under $73 million in the quarter end ended, down from $78.3 million a year earlier.
Wolters Kluwer Buys Ftwilliam.com
- Tuesday, 16 March 2010
- News
- Written by The Progressive Accountant
RIVERWOODS, Ill. - Wolters Kluwer Law & Business has acquired ftwilliam.com, which markets Internet-based software that provides third-party administrators and other retirement plan professionals with worfklow systems that automate administrative functions along with meeting secure 5500 filing requirements. The unit beomes part of the pension and benefits portfolio in Wolters Kluwer's Business Compliance Group in Wolters Kluwer Law & Business. Terms of the agreement were not disclosed.
Read more...Cheshire Wealth Manager Version 2010A
- Monday, 15 March 2010
- New Products
- Written by The Progressive Accountant
Cheshire Wealth Manager Version 2010A incorporates a Roth Conversion Analysis that provides the ability do a specific comparison, with resulting cash flows, for a full or partial Roth conversion and and also gives the ability to enter different tax rates in future years. This version also includes the 2010 annual economic update.
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