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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...TaxAct Launches DocVault
- Thursday, 31 January 2013
- New Products
- Written by The Progressive Accountant
TaxAct, which makes low-cost tax preparation software for consumers and professional preparers, has launched DocVault, which can organize and store tax documents. Available for Android and Apple smartphones and tablets, DocVault includes mage editing tools, customizable tags and other organizational features.
Justice: S.C. Preparer Duo Abused EIC
- Tuesday, 22 January 2013
- News
- Written by The Progressive Accountant
A federal court has been ask to permanently bar two South Carolina residents from preparing federal income tax returns for others. The Justice Department made the request in a federal court in Florence, S.C., in seeking an injunction to bar Susann Allen of Darlington County, S.C., and Rachel D. Watson of Florence County, S.C.
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Intuit May Help SMBs Get Loans
Intuit has been testing a program that would enable small and medium businesses to get loans. Intuit is stepping into the process to help banks judge the creditworthiness of their customers. CEO Brad Smith described the test last week, but provided few details about how the program works.
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Sales and Use Tax Activity Heats Up in 2013
No one expects anything from state and local government other than more aggressive efforts to collect sales-and-use taxes from businesses operating within their jurisdictions. With taxation of Internet sales expected to become a reality at the state and federal levels, companies are going to need tools to handle the increased scrutiny.
CPA Faces Five Years In Refund Fraud
- Wednesday, 16 January 2013
- News
- Written by The Progressive Accountant
A Los Angeles, Calf.-based CPA has pleaded guilty to conspiracy to defraud the United States. Accountant and tax preparer, Masood Chotoni, entered the plea which stemmed from charges that he filed returns using names and Social Security numbers of deceased taxpayers. He faces a maximum five years in prison and $250,000 fine.
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San Antonio Preparers Draw Ban
- Tuesday, 15 January 2013
- News
- Written by The Progressive Accountant
SEC: KPMG Duo Rubber Stamped Audit
The Securities and Exchange Commission has accused two KPMG auditors of rubber-stamping an audit of a failed Nebraska-based bank that hid millions of dollars in loan losses from investors during the financial crisis. The SEC says KPMG partner, John J. Aesoph, and senior manager, Darren M. Bennett, "relied on stale information and management's representations" in issuing unqualified opinions of TierOne Bank's 2008 financial statements and internal controls over its financial reporting.
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Intuit’s Cook Sells $37.4M Shares
- Wednesday, 09 January 2013
- News
- Written by The Progressive Accountant
Intuit founder Scott Cook closed out 2012 by selling a bit more than $37.4 million in the company's stock during the second half of December. For Cook, it was the largest amount of Intuit stock sold in a single month in more than two years. The largest block was 266,666 shares sold on December 16 for $16.5 million.
Avalara Moves into Europe
- Wednesday, 09 January 2013
- News
- Written by The Progressive Accountant
Sales-and-use tax vendor Avalara is expanding its operations into Europe. The company is preparing to open an office in London and Marshal Kushniruk, EVP of business development for the Bainbridge Island, Wash.-based vendor, is moving soon to run the business across the ocean.
TaxWorks Beset by Software Woes
Users of TaxWorks are flaying the company over its new tax preparation software. But whether problems are widespread or just a reaction by an installed base faced with a dramatically changed product remains to be seen. In comments on a blog on the TaxWorks website, several preparers complained they cannot print organizers, while some had trouble installing the software. The gripes are coming from new users and from practitioners who have bought the program for decades.
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