News (1984)

The Progressive Accountant is the leading online communit of public tax and accounting professionals focused on using technology to better manage and grow their practice.

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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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Xpitax Bringing Outsourcing Onshore

Mark AlbrechtWith the growth of the tax outsourcing business slowed to a crawl, Xpitax, based in Braintree, Mass., has decided to move outsourced preparation back on shore, but using the same processes that the company established for its processing center in India. The process started last year and hasn't become a major effort, yet. But the company anticipates it will.

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Haiti Relief Efforts; Tax Deductions Outline

HaitiThe effort to aid victims of the Haitian earthquake is bringing contributions from companies of all kinds, efforts that are being made easier by a law that enables taxpayers who make cash contributions to a qualified charitable organization between Jan. 11, 2010 and before March 1, 2010 to deduct these from 2009 income. Read more...

Accountants Put Their Passion on the Web

Edi OsborneAccountants who are members of the Mentor Plus Consulting Accountants RoundTable have formed a group that has established a Web site, www.thepassionateaccountant.com, which is designed to promote the use of social media tools, such as Facebook, LinkedIn and Twitter.

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Avalara Picks Up Taxcient

Scott McFarlaneBAINBRIDGE, ISLAND, Wash. – Sales and use tax vendor Avalara has continued on the acquisition path with its merger with Taxcient, a San Diego-based company that supplies Web-based sales tax automation services and also tax filing and compliance services for large businesses. Taxcient, formerly known as vAudit Group, employes a team of former state tax auditors, technologists and financial system industry executives

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CCH Small Firm Services Opens SFS University

CCH Small Firm Services LogoKENNESAW, Ga. – CCH Small Firm Services has introduced the online SFS University, which is designed to provide training and continuing professional education credits to tax and accounting professionals. That program follows the launch of the CCH Learning & Development Academy by its parent organization last fall.

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H&R Block Moves into Times Square

H&R Block logoNEW YORK - H&R Block will open a flagship office in Manhattan's Time Square this week as the tax service company begins its move into major metropolitan areas that includes selling many of its urban offices to franchisees, a move the company has said would make it better able to attract new operators who might otherwise sign up with its competitors.

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Tax Chains, AICPA Welcome Preparer Regulations

Martha O'GormanThe nation's three largest tax store chains, H&R Block, Jackson Hewitt and Liberty Tax, and the American Institute of CPAs all welcomed the proposed regulation of paid preparers by the Internal Revenue Service. Those proposals, which exempt CPAs, Enrolled Agents and attorneys from some major requirements, were released this week by the IRS.

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SpeedTax Gets New Venture Funding Round

Anton DondeLAGUNA HILLS, Calif. – SpeedTax, which provides Internet-based sales-and-use-tax applications, has received a new round of equity funding from Committed Capital, a private equity firm. SpeedTax said this represented the largest equity investment the company has secured. However, it has not revealed amounts of any funding rounds.

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CCH Unit Promises Improved Support in Tax Season

CCHAfter the acquisition of IntelliTax resulted in waits on support lines for its customers of its TaxWise and ATX tax preparation software during the 2009 tax season, CCH Small Firm Services added resources to ensure more prompt answers to support calls, according to Gene Goldenberg, VP of marketing for the CCH unit. That includes revamped telephone services and extra staff.

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IRS Exempts CPAs, EAs from Major Proposed Regulations

IRS logoWASHINGTON  D.C. - The Internal Revenue Service has proposed major regulations of the tax preparation business, but would exempt  attorneys, CPAs and Enrolled Agents from competency tests and new continuing education requirements. However, all paid preparers would be required to register with the IRS and receive a preparer tax identification number and be subject to a limited tax compliance check. The requirements do not take effect this year and would be rolled out over several years. Read more...

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