News (1972)

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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.

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Family Stole and Pleads Together in ID Theft

Justice logoSix members of an Alabama family accused of using a family tax service to file phony returns have pleaded guilty to a variety of charges stem from ID theft. The Justice Department said the defendants and co-conspirators participated in filing more than 700 returns that claimed more than $1.3 million in refunds.

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Paychex Opens Report Center

Paychex logoPaychex Report Center, which utilizes four reporting tools, is designed to provide a one-stop shop for standard, on-demand] and ad-hoc reporting along with data extract templates. It offers more than 140 reports along with customization options for information categories such as specific and relative date ranges, type of employee and organization.

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Intacct Gets $13.5M in Funds

Intacct logoIntacct, which makes Internet-based financial applications, has raised $13.5 million in funding through a combination of equity investments and a bank line of credit. It is the first announced round of venture capital investment since August 2010 when the San Jose, Calif.-based company raised $3 million. Read more...

New River Offers Beyond415 Guidance

Beyond 415New River Innovation describes its new Beyond415 Guidance as a Web-based research center for resolving issues after tax filing. It features searchable guidance covering individual, business and payroll areas of Internal Revenue Service practice and procedure. Guidance is written by Beyond 415's team and is kept up to date as changes happen at the IRS. The company says the product is designed to anticipate practitioners' questions and concerns. Read more...

Liberty Parent Files For Stock Offering

John Hewitt, Liberty TaxJTH Holding, the parent of tax chain Liberty Tax Service has filed documents with the SEC to prepare for a public offering. The form was filed to register securities so they can be publicly traded, but the company has not yet reported the number of shares that will be offered or given any estimate of the amounts to be raised. A brief note on the use of proceeds shows that some will be invested in its bank product program

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Sage to Increase Presence at CPA Shows

Jennifer Warawa, SageSage is putting an increased emphasis in working with the American Institute of CPAs and the state CPA society to promote its Sage Accountants Network. The effort includes a greater presence at shows and sponsorship of the events. Read more...

Sage Fixed Assets 2013

Sage logoSage Fixed Assets 2013, formerly Sage FAS Fixed Assets, includes a simplified framework, expanded attachment options, and the ability to check for release updates, improve the customer experience to streamline business processes. Users can also utilize Sage Advisor technology, a system that automatically checks for software updates to help keep current Sage Business Care plan customers in compliance with regulations.

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Xero Half Revenue Doubles

xero logoXero, which markets low-cost online accounting software, saw the number of customers and its worldwide revenue double for the first half ended September 30. In both cases, the company is growing from a small base, but is continuing on a fast growth path. Read more...

Wolters Kluwer Exec Leaving

Jack Lynch,  Wolers KluwerJack Lynch, a member of the Wolters Kluwer executive board, is leaving the company to take a job as CEO of a U.S. company. As a member of that board he has been one of the top three executives of the parent of CCH. Lynch joined the company in 2006 and became a member of its executive board in April 2007.

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Gilman Gets Fines Reduced

Gilman Ciocia logoFines and legal costs took a bite out of Gilman Ciocia's cash during the year ended July 31. However, the financial planning and tax preparation firm was successful in getting proposed fines substantially reduced in Florida, where it has faced ongoing legal issues regarding variable annuities sold a few years ago. Meanwhile, the company was able to sharply cut its losses for fiscal 2012, although revenue dropped slightly. Read more...

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