News (1965)

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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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SEC Restores CPA Who Reviewed Enron

secMichael Lowther, who was barred from appearing before the SEC in January 2008, has been restored to practice there. The SEC found that Lowther had met the conditions imposed as a result of his actions as concurring reviewer for Arthur Andersen's audits and reviews of Enron's financial statements.

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CPA.COM Email Enhanced

cpa2biz

CPA.com Email Solutions from CPA2Biz now provides 5GB of free online storage through Google Drive. This is in addition to 25 gigabytes of mail storage space that comes standard with an account. There is also access to Google Talk, which enables video and message chat functions at the desktop and also offers ability to send and receive files.

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DOJ Wants Tennessee Couple Out of Tax Prep

Ahmed Grant Taxes-R-UsThe Department of Justice has asked a federal court to prohibit Ahmed Grant and his wife, Lillian Madyun, from preparing federal tax returns for others. The government alleges the Tennessee residents have pumped up refunds claimed through a variety of means such as the unwarranted use of the Earned Income Tax Credit. Read more...

Intuit Results - Mobile, Online Are Hot

Brad Smith, IntuitNo one really needs to be told the mobile and Internet-based technologies are hot. But Intuit's report of its financial results for the second quarter ended January 31 provides measurements of how fast the switch to these platforms is occurring. And in last week's earnings webcast, CEO Intuit Brad Smith spit out a string of double-digit increases in metrics in many of the company's lines of business that reflect the trend.

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Wolters Kluwer Tax & Accounting Resumes Growth

 Kevin Entricken, Wolters KluwerWolters Kluwer has reported that its Tax & Accounting operation had a 3-percent drop in organic EBITA and a 1-percent increase in revenue for the year ended December 31. The parent to CCH, Wolters Kluwer said that the increases in revenue at that business more than offset declines in revenue in Europe and in its banking business. Read more...

CCH Parent Adopts New Brand Strategy

Nancy McKinstry, Wolters KluwerWithout spelling out what it means for its CCH operations, Wolters Kluwer has said it is starting a new brand strategy. The Dutch company, parent to CCH, late last week issued a statement it would have a single, worldwide brand. However, the company has been moving toward more visibility of the WK name with the CCH website offering a login to CCH for tax and accounting customers, but to Wolters Kluwer Law & Business for the other major segment of operations.

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Thomson Reuters to Cut 2,500 Jobs

James Smith, Thomson ReutersThomson Reuters plans to cut about 2,500 jobs or 4 percent of its workforce this year. The layoffs are coming as the company continues to grapple with the turn around its financial services business and most of the $100 million in estimated severance will come in that area. Meanwhile, the company reported a 6-percent decline in operating profit on a 3-percent revenue for its tax and accounting business for the fourth quarter ended December 31 with organic revenue for the segment up by 1 percent. Read more...

SecureDrawer Mobile Apps

efilecabinetEFileCabinet has introduced Apple and Android apps for SecureDrawer, its secure web portal. The apps enable SecureDrawer to be accessed from iPads, iPhones, Android phones and tablets. The devices can utilize the apps to manage folders, drawers and change the permissions for drawer access within SecureDrawer.
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Mother, Daughters, Sentenced in ID Theft


DOJ logoA mother and two daughters in Montgomery, Ala., who were involved in using stolen identities to preparer phony tax returns, have drawn prison sentences. Barbara Murry and her daughters Yolanda Moses and Veronica Temple each drew a 57-month sentence and were ordered to pay restitution of $1.9 million. Douglas Murry received a 24-month sentence and was order to pay $142,038. Read more...

CCH Unit Working to Resolve ATX Issues

cch small firm servicesCCH Small Firm Services says it is working to resolve issues affecting its ATX tax preparation software early in the tax season. The company said it has accelerated development and release of software updates and added personnel to handle customer calls, although it acknowledges hold times have risen. Read more...

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