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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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Thomson Says Checkpoint Revenues Boom

Tom GlocerIn a year in which its chief competitor, CCH,  launched a new research platform, Thomson Reuters said its own Checkpoint system had its best month of sales in the product's history. That came as Thomson Reuters reported revenue for its tax and accounting business rose by 9 percent while the unit's operating profit dropped by one percent for the year ended Dec. 31, 2009. Read more...

Liberty Tax Sees Rise in Returns

Liberty TaxVIRGINIA BEACH, Va. - While its major competitor, H&R Block, was reporting a drop in the number of tax returns filed, Liberty Tax Service said it had a 10.2 percent increase in the number of tax returns filed as of February 15 and a 28.1 percent increase in revenue. That was accompanied by a 3 percent increase  in returns for same store sales and a 21.2 percent increase in revenue. That came after Block reported a 6.5 percent decrease in returns the same day.

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CCH Small Firm Services Consolidates Operations

CCH Small Firm ServicesCCH Small Firm Services, whose locations incorporate the facilities of the ATX and TaxWise lines before their purchase by CCH, has decided to consolidate operations in a new headquarters in Kennesaw, Ga. More than 600 employees working in four sites in three states are being offered the chance to work at the new location, which is scheduled to open in the September quarter. Read more...

Block Prepared Tax Returns Drop

Russ SmythKANSAS CITY, Mo. – H&R Block saw a 6.3 percent drop in the number of tax returns prepared through February as total returns prepared year-to-date fell 8.2 percent and average retail fee per tax return prepared increased by 1.8 percent. Meanwhile, returns prepared online or via Block's desktop software dropped by 1.8 percent from the prior year.

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Denali 2.8 Accounting Software

Denali 2.8 that can convert data from any Windows version CMS Professional, and also from the DOS 15.0 from Cougar Mountan's older product line. The application has  64-bit compatibility and can also run on a 32-bit system. Denali 2.8 provides what was called improved integration with CMS Professional Payroll. Users can import AP, bank reconciliation and GL data into Denali after posting transactions and exporting payroll data.

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Morningstar Restores Benefits Despite Net Decline

Morningstar logoAlthough revenue and net income dropped for 2009, Morningstar has begun restoring benefits that were suspended last year as the company ended the year with an upturn in results in the fourth quarter. It had suspended 100-percent matching contributions to employee 401(k) plans, but is now matching 50 percent of the employee money. It also expects to provide some moderate pay increases in 2010 after keeping most compensation flat last year and is filling some vacant job positions.

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AICPA to Publish Two Top Tech Lists

The American Institute of CPAs plans to replace its annual Top Ten Technologies list with two lists, one for CPAs in public practice, and the other for accountants industry, according to the chair of the task force that has decided on the change. However, Chairman Ron Box said the committee immediately plans to work on the 2011 list so that this year's delay in publishing the list won't be repeated.

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CBIZ Exiting Technology Business

Steve Gerard CBIZ has decided that it can't make enough money in its technology business and will wind down the operations over the next six months as client projects are completed. The company has concluded that after two money-losing years, it can't effectively compete and generate a profit it can live with. The decision that it has effectively exited the business at the end of 2009 was announced this week during the Webcast of the company's fourth-quarter financial results.

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AccuFund Version 3.09 NonProfit Accounting

AccuFund LogoVersion 3.09 of the AccuFund Accounting Suite adds General Ledger Allocations and email capabilities to the Financial and Standard Report Writers while the Client Accounting module now includes Client Invoicing. The enhancements to the report writers mean users emailing reports directly from the system can break out a selected page or pages and automatically distribute them via email to selected recipients.

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Liberty CEO Predicts Return Filing Declines for Competitors

liberty taxCompetitors H&R Block and Jackson Hewitt Tax Services will experience declines in number of tax returns prepared in the 2010 tax season, with the latter tax preparation facing challenges because of its inability to get full funding for its Refund Anticipation Loan program, John Hewitt, CEO of Liberty Tax, predicted this week. Hewitt also said that mom-and-pop stores, which have been grabbing market share "for most of the Twenty-First Century" would at least break even this year.

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