What Is Real-Time Accounting (and Why Should You Care)?

Posted on 29. Oct, 2014 by in Bookkeeping Articles, CEO Tips

Real-time accounting is when your books are caught up to the present and you know exactly where you stand with your account balances, revenue, and profit.  It’s truly doing your accounting in real time. The opposite of real-time accounting is getting your books done once a year (or worse, being years behind).  When you wait [...]

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Is QuickBooks 2015 For You?

Posted on 22. Oct, 2014 by in QuickBooks, VirtualConnections Newsletter

Intuit recently released their new version of QuickBooks 2015 to ProAdvisors before the product is released to the mass market this month. Intuit has also done some company rebranding and you will see a new Quickbooks logo. I had a chance to poke around a bit and highlighted some of the new features in hopes [...]

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No Such Thing as a Free (Employee) Lunch?

Posted on 20. Oct, 2014 by in Misc. Articles, Small Business Tips

The IRS is making headlines on the west coast as it reviews and challenges the practice of employers providing free meals to employees. Employers consider the free meals a non-taxable fringe benefit. The IRS believes this fringe benefit is employee wages. Exploring employee lunch benefits: Background Many fringe benefits offered as part of your employment [...]

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Preview of Some Key 2015 Tax Figures

Posted on 15. Oct, 2014 by in Tax Updates, VirtualConnections Newsletter

While official numbers for 2015 are not yet released by the Internal Revenue Service (IRS), many figures are formulas set within the Internal Revenue Code (IRC) or are based on the Consumer Price Index (CPI) published by the Department of Labor. Using the release of recent CPI figures, a number of references are projecting 2015 [...]

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iOS 8: Cool New Features

Posted on 13. Oct, 2014 by in MAC Tip, VirtualConnections Newsletter

There has been a lot of talk over the last month or so about the latest Apple operating system, iOS 8. As with any new operating system release, also comes a lot of negative comments. File size seemed to be the major issue as many did not have the space available for the update even [...]

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Business Systems – Does Your Small Business Need a CRM?

Posted on 08. Oct, 2014 by in Small Business Tips, VirtualConnections Newsletter

Have you ever stayed at a hotel and then returned, finding that they have stocked your room with everything you asked for the last time you were here?  Your special allergenic pillow was already waiting for you, you were asked if you would like a dinner reservation made just like you always do the first [...]

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[CEO Tips] Navigating Nanny Taxes and Household Payroll Compliance

Posted on 01. Oct, 2014 by in CEO Tips

By Linda Siniscal  Time is precious for most of us these days, and often, as busy CEO’s we need help at home so we can have more time to run our businesses. That may mean hiring help for personal tasks such as caregiving for the young, elderly, or special needs family member.  When you first [...]

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Four Powerful Brainstorming Techniques

Posted on 26. Sep, 2014 by in Misc. Articles, VirtualConnections Newsletter

Guest post by Lynda McDaniel Our brains are always coming up with ideas and solutions—but we need a way to tap into them. Try these easy techniques to discover the fresh insights and inspiration awaiting you. Each technique workswell in solo sessions or as group activities. 1. Genius Generator Genius Generator is the perfect antidote [...]

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Is There An App for That? Accounting Technology Today

Posted on 24. Sep, 2014 by in Small Business Tips, VirtualConnections Newsletter

By Linda Siniscal The technology side of the accounting industry is rapidly changing and expanding.  Literally hundreds, if not thousands of new companies and new software applications have sprung up to help small businesses automate their processes and save time and money. Accounting technology today is much more advanced than it was five years ago. [...]

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Shortcut Your Management Time with Exception Reporting

Posted on 17. Sep, 2014 by in Small Business Tips, VirtualConnections Newsletter

By Linda Siniscal Do you spend a lot of time reviewing stacks of reports each month so you can get the information you need to make decisions?  Do you find out after the fact that something went wrong in your business and that if you had known about it sooner, you would have made different [...]

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