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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...Intuit Punts for Practice Management Technology
- Tuesday, 06 December 2011
- News
- Written by The Progressive Accountant
Intuit has spent two years of promoting a practice management system for accountants that hasn't hit the market as a final product. And this week, it was announced that BigTime Software is going to embed its core time, billing and practice management functionality into Intuit's yet-to-be-fulfilled development for in that arena. The Intuit product was supposed to hit the market in May, but instead it moved into a second phase and the product's name went away with Intuit's decision to drop the ProLine brand.
Read more...Federal Taxation of Corporations and Shareholders
- Tuesday, 06 December 2011
- New Products
- Written by The Progressive Accountant
The Federal Taxation of Corporations and Shareholders from CCH provides access to primary source material. It gives users the ability to move back and forth easily between treatise analysis and examples, IRS regulations/guidance, flow charts, case law and Congressional committee reports. The publication is part of the CCH Expert Treatise Library, which is accessible through the IntelliConnect platform.
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Block Loss Widens on Charges
- Friday, 02 December 2011
- News
- Written by The Progressive Accountant
The results reflected after-tax charges of $8 million related to the company's dropping its ExpressTax business, along with increased litigation costs in its Tax Services operation. Revenue rose to $129.2 million, an increase of 8 percent. The company also noted it completed the sale of RSM McGladrey to McGladrey & Pullen on November 30.
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CEO Glocer Leaving Thomson
- Friday, 02 December 2011
- News
- Written by The Progressive Accountant
Tom Glocer's position as CEO of Thomson Reuters had seemed shaky since problems with the company's former markets division were widely publicized earlier this year. And the company has announced that he will retire and be succeeded on January 1 by James C. Smith, currently the company's COO. The company also announced a new organizational structure that replaces its recently abolished division.
Xero Pares Loss, Doubles Revenue
- Tuesday, 29 November 2011
- News
- Written by The Progressive Accountant
Xero, which makes web-based accounting applications for small businesses, has gotten a lot of buzz in the American market but isn't yet a force here. However, the New Zealand company says it is ramping up infrastructure to support 1 million end users. That came as it narrowed its loss while more than doubling revenue for the six months ended September 30.
Preparer Gets Three Years for Fraud
- Monday, 21 November 2011
- News
- Written by The Progressive Accountant
Washington D.C.-based tax prepared has been sentenced to three years in prison for willfully aiding and assisting in the preparation of a false income tax return for 2004. Onuoha "Iggy" Nwokoro was also ordered to pay $510,389 in restitution to the Internal Revenue Service.
Read more...Intuit Says Short Caused Outage
An electrical short that occurred just under two weeks ago caused the problems that led to Intuit's online banking system being down for several hours. The problem and the efforts to fix it were outlined this week by CEO Brad Smith during this week's conference call regarding the company's results for the first quarter ended September 30.
AICPA: Set Tax Rules for Multi-State Workers
- Wednesday, 16 November 2011
- News
- Written by Steven Ladd
Congress should set a standard for withholding and payment of state income taxes for employees who work in more than one state, according to Barry Melancon, CEO of the American Institute of CPAs. Melancon outlined his position in a November 15 letter to members of the House Judiciary Committee in which he strongly supported H.R. 1864, the Mobile Workforce State Income Tax Simplification Act of 2011.
CCH Enhances IntelliConnect
- Wednesday, 16 November 2011
- New Products
- Written by The Progressive Accountant
CCH has expanded the integration of its ProSystem fx Tax application and its IntelliConnect tax research platform. The integration provides links to more lines and schedules as well as expanding integrate the tax application with the company's complete Tax Prep Partner suite, according to product manager Tina Rajski.
Block Drops TaxAct Bid
- Tuesday, 15 November 2011
- News
- Written by The Progressive Accountant
H&R Block is dropping its bid top acquire TaxAct Software after a federal judge last month ruled the purchase of 2SS Holdings, which owns TaxAct, would violate anti-trust laws. Block, which planned to pay $287.5 million for the deal, said it would not appeal the judge's decision. In an SEC filing, Block said it was terminating the Octobe 2010 merger agreement. The original plan was to combine TaxAct with Block's At Home digital business in a single unit.
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