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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...CPA Cites Lost Computer, Burned House; Gets PCAOB Ban
A case in which a Florida CPA was banned from associating with any PCAOB-registered firm and his firm's registration was revoked is the first litigated case involving a PCAOB decision. While the SEC this month upheld the action, the story really goes back six years when the PCAOB initially questioned the technical competency of work by Gately & Associates and CPA James P. Gately. Â
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Santa Barbara Gets in RAL Business
The Santa Barbara Tax Products
Group, which formed early this year, has gotten into the refund loan business as widely expected in the tax industry. While the company issued no formal statement, its Web site is offering 28- to 48-hour Refund Anticipation Loans. Enrollment for those who offered RALs through another program is open through December 19.
CCH Write-up Clients to Get New Package
CCH Small Firm Services is rebranding the Client Write-up package that is sold primarily to its ATX and TaxWise customers and a beefed up edition of the product suite will replace CCH's ProSystem fx Write-up this fall. It will also replace the old CPA Accounting which customers have used for many years.
Accounting Revs Boost SmartPros Results
- Tuesday, 10 August 2010
- News
- Written by The Progressive Accountant
Growth in the sale of products for the accounting/finance division pushed educational specialist SmartPros to a 6.5 percent increase in revenue for the second quarter ended June 30. And although net income dropped by 60.3 percent for the same period, that was an improvement over the first quater when the company posted a six-figure loss. Accounting/finance revenue not only grew by 22.8 percent, it increased to 78 percent of net revenue in the most recently ended period, up from 78 percent a year earlier.
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Audit Firms Face SEC Review in Fraud Case
Two accounting firms that were involved in the audit of financial statements of a company whose CFO has been charged with fraud face an SEC administrative hearing to determine if they engaged in professional misconduct in audits that the SEC said showed severe problems. That came as the agency alleged that Karl Redekopp, former CFO of International Commercial Television, helped the company turn millions of dollars of quarterly losses into profits by falsely accounting for sales of a skin-care appliance via Home Shopping Network infomercials.
Read more...Republic Bank Plans RAL Price Increase
Republic Bank & Trust Co., one of the major sources of funds for refund anticipation loans, said this week it expects to increase prices on products from its Tax Refund Solutions segment and to revise RAL underwriting. It issued that statement after the Internal Revenue Service announced it would drop the debt indicator for the next filing season. The bank also said IRS plans for a mechanism that would enable taxpayers to pay fees for professional preparers from their return would compete with its Electronic Refund Checks.
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IRS Removes Debt Indicator; Setback for RALs?
WASHINGTON - Starting with next year's tax filing season the Internal Revenue Service today said it will no longer provide tax preparers and banks participating in refund programs with the "debt indicator," which is used to facilitate refund anticipation loans. Statements from IRS Commissioner Doug Shulman were clear that the agency would encourage taxpayers to look elsewhere for quicker refunds and the move is probably a serious setback for companies that rely on RALs for a significant part of their revenue
Thomson, CCH Parent Duel over Market Share
Market share claims from Wolters Kluwer, parent to CCH, and Thomson Reuters are a bit like author Garrison Keillor's description of his mythical town of Lake Woebegon. It's a place where all children are above average. And during earnings Webcasts this year, top executives from the two companies each said their organization is gaining market share. But there's one difference this year.
Former Deloitte Vice Chairman Charged with Insider Trading
Thomas P. Flanagan, a former partner and vice chairman of Deloitte & Touche, has been barred from practicing before the SEC over dozens of cases in which he owned or controlled securities in audit clients and concealed his ownership, lied to the firm about his compliance with its rules and used its services to prepare tax returns that covered up the improper trades. He and his son Patrick were also charged with insider trading today and agreed to pay a $1.1 million settlement. A 30-year Deloitte partner, Flanagan resigned from the firm in the fall of 2008 before his own firm sued him over these issues.
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Ceridian Gets New CEO
- Wednesday, 04 August 2010
- News
- Written by The Progressive Accountant
MINNEAPOLIS - Ceridian, a payroll and human resources service provided has hired Stuart C. Harvey Jr. as its CEO, effective August 16. Harvey replaces Kathryn V. Marinello, the former chairman and CEO who resigned in January.
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