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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...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.
Read more...Practice Management Off Intuit Site
Intuit Practice Management, which was supposed to be an important online product for the CPA market, is no longer being displayed on the company's website. It is the latest development in the convoluted history of a product that ad trouble getting to market.
Intuit Buying Mobile Bill Payer
- Tuesday, 27 May 2014
- News
- Written by The Progressive Accountant
Intuit will spend $360 million to purchase Check, a Palo Alto, Calif.-based company that makes payment application for mobile users. This is the third acquisition Intuit has announced since the beginning of May. It has acquired Lettuce, an inventory management application, and Invitco, whose software handles accounts payable processing. The Check deal is expected to close by July 31, Intuit said this week.
Xero’s North American Users Triple
- Tuesday, 27 May 2014
- News
- Written by The Progressive Accountant
The number of North American users of online accounting software vendor Xero tripled over the last year. But the company’s penetration of the market on this continent remained under one percent, Xero said this month in its report of financial results for the year ended March 31. And overall, the company’s loss also grew.
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