For this year's VAR Stars, the issue of keeping up with vertical demand while grappling with how quickly to move into the cloud - or how much demand there is for vertical and cloud products now that they have taken on these products - are replacing the recession's worry of where business might come from.

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The Progressive Accountant talks with Xero CTO, Craig Walker, about their small business accounting solution and their ability to scale up to large accounting firms including Deloitte in Australia.  He also touches on key payroll integrations with Sure Payroll, Zen Payroll and ADP.

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WASHINGTON, D.C. The Internal Revenue Service has designated the earthquake that occurred in Chile last month as a qualified disaster for federal tax purposes. The guidance enables those dividuals who receive qualified disaster relief payments from any person to exclude those payments from income on their tax returns. It also permits employer-sponsored private foundations to assist employee-victims in affected areas without altering their tax-exempt status. Read more...