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Rippling Expands EOR Program 2
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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...CPA Draws Discipline in Chinese Audit
- Wednesday, 09 July 2014
- News
- Written by The Progressive Accountant
A Rochester, N.Y.-based CPA has drawn disciplinary action by the Public Company Accounting Board for work for a Chinese client that had been publicly accused of having lying and deception. Nicholas R. Bottini, formerly a partner of EFP Rotenberg, accepted UTG as a client in 2010 even though the predecessor auditor reported having lost confidence in the client's board of directors and audit committee.
Paychex 4Q Net Up 18 Percent.
- Tuesday, 08 July 2014
- News
- Written by The Progressive Accountant
Paychex had a strong quarter on the bottom line with net income rising 18 percent for the fourth quarter ended May 31. Earnings for fiscal 2014 increased by 10 percent. Revenue rose by 6 percent for both the quarter and year. Key metrics in the company's payroll business rose while revenue from its human resource products and service went up by double digits.
AICPA Calls for Education Initiative
- Monday, 30 June 2014
- News
- Written by The Progressive Accountant
The American Institute of CPAs has launched a new web site that it says is designed "to spark a profession-wide reevaluation of how CPAs engage in lifelong learning and measure competency in a fast-changing world." The establishment of the site comes as a task force report on the future of learning has been released.
Read more...Tax Lawyer-CPA Gets 15 Years for Fraud
- Thursday, 26 June 2014
- News
- Written by The Progressive Accountant
Paul M. Daugerdas, 63, a tax attorney and CPA, was sentenced this week to 15 years in prison for orchestrating a massive fraudulent tax. The Department of Justice says Daugerdas and his co-conspirators, including five former partners at BDO Seidman, generated more than $7 billion in phony tax losses for clients. Daugerdas, who received $95 million in fees, used the same shelters to pay only $8,000 in taxes. Forfeited assets and restitution payments will cost him than $535 million.
AICPA: Voluntary Preparer Program Not Legal
- Wednesday, 25 June 2014
- News
- Written by The Progressive Accountant
The American Institute of CPAs this week ratcheted up its opposition to a proposal by the Internal Revenue Service for a voluntary certification program for paid preparers. The AICPA, which had previously voiced its opposition, now says the program is not lawful.
Thomson Releases ACA Report
- Tuesday, 17 June 2014
- New Products
- Written by The Progressive Accountant
Thomson Reuters' special report - Get Ready to Play or Pay: Employer Shared Responsibility Under Health Care Reform – details employer shared responsibility, decision points and resources. The report also provides an overview to tools and learning opportunities available through the company.
Annual NJSCPA Convention & Expo Highlighted “The New Normal”
- Tuesday, 17 June 2014
- News
- Written by Kurt Martin
Globalization, demographic shifts, technological advances, increased regulation and elevated cyber security are just some of the changes that are causing dramatic shifts in the way people live and work.
Nearly 900 attendees at the 9th annual NJSCPA Convention & Expo, which was held June 4-6 at Bally’s in Atlantic City, learned how the new normal is here to stay and heard how this constant state of change will affect careers, organizations and firms.
Read more...Intuit Sunsets Practice Management
- Monday, 09 June 2014
- News
- Written by The Progressive Accountant
Intuit has notified users that it is dropping Intuit Online Practice Management. It was a product that was two years late in getting to market and has been on the market less than a year.
SEC Bars Canadian Brothers
- Tuesday, 03 June 2014
- News
- Written by The Progressive Accountant
Two brothers, who are Canadian Chartered Accountants, have been barred from practicing before the SEC for failing to discover a Chinese client company had virtually no clients or sales. Bryce and Spence Walker were partners of the accounting firm DNTW Chartered Accountants when they audited the financial statements of Subaye from 2007 through December 2010.
Intuit to Hold QuickBooks Show
- Monday, 02 June 2014
- News
- Written by The Progressive Accountant
Intuit is expected to announce this week, QuickBooks Connect, a first-time major conference that will draw accountants and small business owners. The event is scheduled to begin on October 21 through 23 in San Jose, Calif., and the company is reportedly talking about attendance of between 4,000 and 7,000, expected to include developers and entrerepeneurs getting ready to start businesses.
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