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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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SEC Bars Gilman CEO for One Year

gilman logoThe SEC has issued an initial decision barring Michael Ryan, CEO of Gilman Ciocia and chief compliance officer Rose Rudden from serving in a supervisory capacity at any broker, dealer or investment adviser for one year. Fines were also imposed on the two and on two current and two former employees. The executives and the two current employees are considering alternatives that include filing a petition for review of the decision.

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CCH Enhances IntelliConnect

cch logoCCH has made one of the broadest in a string of enhancements to its less than-year-old IntelliConnect research platform that are designed to reduce the number of keystrokes it takes for users to get to content, including placing the browser tree on the home page. And the company made font sizes for the system larger in virtually all cases. Read more...

Jackson Hewitt Gets Delisting Warning

Jackson Hewitt logoJackson Hewitt Tax Services has been notified by the New York Stock Exchange that the Parsippany, N.J.-based tax preparation company has fallen below the exchange's standard for continued listing which require minimums for market capitalization and stockholders' equity. Read more...

Paychex Hiring; Unfreezes Salaries

Although its results declined for the year ended May 31; Paychex sees enough favorable signs in the economy to continue growing its salesforce. In its recent earnings conference call; CFO John Morphy said that the company increased its sales force by 2 percent in fiscal 2010 and expects to increase that by another 2 percent in the current fiscal year. Paychex also reinstituted salary increases on March 1; but it has not decided to start matching employee 401(k) contributions again. Those statements came as the company reported income dropped by 11 percent and revenue by 4 percent for the year ended May 31.

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McGladrey, Block Results Off

RSM McGladrey saw a 39-percent drop in pre-tax income on a 4.2 percent decline in revenue for the year ended April 30 as the economy pressure billable rates and hours. That came as its parent, H&R Block, saw net income fall by 1.3 percent while revenue was off by 5.1 percent for the same period because of a decline in the number of tax returns prepared for the total tax season. Meanwhile, the resolution of the attempts by McGladrey & Pullen to end its relationship with RSM McGladrey cost the organization $14.5 million. Read more...

Intuit: Turning on Power KOed Hardware

Ginny LeeIntuit's massive systems crash this week was complicated as efforts to solve one problem triggered more. And when the company restored power after its Internet-based services and systems went down, the restoration triggered a hardware failure. That explanation was made this week in a post by the company's chief information officer Ginny Lee.

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Intuit Restores Web Operations

Brad SmithAfter an outage that left some customers with no ability to process credit cards, send invoices or make payroll deposits, Intuit said it has restored service to customer Web sites. Sites that were back up included QuickBooks Online, IntuitOnline Payroll and QuickBase. The incident started about 10pm ET Tuesday, June 15, and lasted all day Wednesday. After its end, Intuit began providing explanations and offers to help those affected.

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Checkpoint Going Global

Roy MartinThomson Reuters is taking its research platform international this year with the launch of Checkpoint World as the company continues the shift from heavy reliance on income from tax and accounting firms to selling to corporations, including multinationals. That information came from Roy Martin, president of the company's Tax and Accounting business, as he addressed the Nomura Media Conference yesterday.

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GruntWorx Gather

CopanionGruntWorx Gather, a data retrieval application, provides secure electronic transfer of tax data from the client to the tax practitioner. It offers a portal-like Web interface that clients can utilize to connect with financial institutions and brokerage houses.

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Intuit Suffers Major Web Outage

Intuit logoIntuit has suffered an Internet outage in which most of the company's Web sites have been down since about 10pm ET Tuesday, June 15 when an accident knocked out power to primary and secondary backup systems. It's the second company in the accounting space to have serious Internet problems since Sage had a 22-hour outage earlier this month. The Intuit problem's has surpassed the Sage outage in length of time with no end in sight as of 9pm. ET Wednesday, June 16.

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