News (1983)

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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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Paychex Pay Relies More on Incentives

Martin Mucci, PaychexPaychex rewarded its executives with compensation that reflected an increased reliance on variable pay for the year ended May 31. Compensation for CEO Martin Mucci and two other executives rose by low double-digits, but their base salaries decreased. The increases came from significant boosts in non-equity incentive compensation.

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Block in Major Accounting Services Play

Jeremy Smith, H&R Block H&R Block intends expand its retooled client accounting services program nationally after testing it in Kansas City, Mo., the tax preparation company's hometown. Block is talking to accounting firms that may wish to become franchisees and has a plan to buy firms. All of the candidates will have completed a program from BMRG Advisory Services in order to be considered.

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Preparer Gets 135 Months in Fraud


dojA tax preparer, who formerly operated in North Carolina, has received a 135-month prison sentence for tax fraud, healthcare fraud and money laundering. Claude Arthur Verbal II, now a resident of Miami, Fla., drew the punishment in two different cases after pleading guilty to the charges on April 9.

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Vertex SMB Inks Wipfli as a Reseller

VertexVertex SMB has signed accounting firm Wipfli as a reseller of its sales-tax software. The deal marks the continuation of the signing of high-profile CPA organizations and value-added reseller in its relatively new channel program.

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Armanino Earns Intacct Award

ArmaninoAccounting firm Armanino has been named VAR Partner of the year for the second consecutive year by Intacct. The cloud-based software company also selected AcctTwo as Business Partner of the Year and picked Radius as the Accountants Program Partner of the Year. Business Technology Partners received recognition as the Rookie of the Year for 2014.

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AccountantsWorld Redoes Website Relief

AccountantsWorld AccountantsWorld has revamped Website Relief, its application that enables accounting firms to create websites and virtual offices. The company says the new design makes it easier to build sites "that engage and inform both existing and potential new clients."

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AICPA Seeks CPA Exam Input

Michael DeckerThe American Institute of CPAs has issued an Invitation to Comment, requesting feedback to help shape the next version of the Uniform CPA Examination. The comment period runs through December 2. The AICPA notes its research has found skills required of newly licensed CPA are changing rapidly which makes it important to ensure the exam meets the needs of the business world.

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Michigan CPA Sentenced for Killing Boss

Andy Brown CPAAndy Brown, a 37-year CPA from Portage, Mich., has been sentenced to 37 ½ to 75 years in prison for the murder of his boss. Brown was convicted of second-degree murder for the shooting death of 70-year-old David Locey. Part of the sentence handed down last week was two years for the commission of a felony with a firearm.

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Intuit: 2M QB Online Users in 2017

IntuitIntuit expects to have 2 million QuickBooks Online subscribers within three years. That represents an increase of almost three times the 683,000 subscribers it had when it ended its fiscal year on July 31. The amount would nearly equal the total number of paying QuickBooks customers on desktop and online versions of the accounting product for fiscal 2014.

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Intuit Reshapes Rev Rec for the Cloud

Brad Smith, IntuitIntuit is adapting its accounting for cloud-based operation. The Mountain View, Calif.-based software vendor is now recognizing desktop revenue over time, instead of at the time of the sale. The move has a big impact as it shifts about $400 million in revenue from the year ending July 31, 2015 into future fiscal years.

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