How Understanding Assets vs. Expenses Can Make You Rich

Posted on 29. Jan, 2016 by in Bookkeeping Articles, QuickBooks, Small Business Tips

Assets and expenses both have a “debit” balance on the financial statements, but that’s where their similarities end.  Spending on one can make you rich and spending too much on the other can leave you broke. An expense is money you may need to spend, but after a year, there is nothing lasting to show […]

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Retirement Contribution & Social Security Limits for 2016

Posted on 27. Jan, 2016 by in Bookkeeping Articles, QuickBooks, Small Business Tips, Tax Updates, VirtualConnections Newsletter

Retirement Contribution & Social Security Limits for 2016 Retirement Contribution planning is upon us.  If you haven’t already done so, now is a good time to plan for your 2016 retirement account contributions. As you determine your various funding levels for next year, remember to account for any matching programs offered by your employer.

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Breaking News: 2016 Mileage Rates

Posted on 29. Dec, 2015 by in Bookkeeping Articles, QuickBooks, Small Business Tips, Tax Updates, VirtualConnections Newsletter

The IRS has just released the standard mileage rates for 2016. For business use of an automobile, the rate will decrease to .54 cents per mile. For medical and moving expenses, it is decreased to .19 cents per mile. For services to charitable organizations, the rate stays at .14 cents per mile. You can read the […]

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Be a Better Charitable Giver

Posted on 17. Dec, 2015 by in Bookkeeping Articles, Marketing Tips, My Favorite Things, QuickBooks, Services, Small Business Tips, VirtualConnections Newsletter

Simple moves to make your giving go further These days, we all want our money to go further and charitable donations are no exception. Yet sometimes, even well-intentioned gifts may end up going to a poorly run charity or the charity does not receive the full benefit of your gift. Here are some tips to […]

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Do You Have a Revenue Plan for 2016?

Posted on 08. Dec, 2015 by in Bookkeeping Articles, CEO Tips, Marketing Tips, Small Business Tips, VirtualConnections Newsletter

A great way to start the New Year is to get clear on exactly how you can make your revenue goal number.  A revenue plan is the perfect tool.  You’ll need to be proficient in Excel, and if not, you can work with your accountant on this very important and enlightening spreadsheet. Start by listing […]

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Get Finance-Savvy with 10 Accounting Terms

Posted on 01. Dec, 2015 by in Bookkeeping Articles, My Favorite Things, QuickBooks, Small Business Tips, Tax Updates, VirtualConnections Newsletter

It’s good to know some basic accounting terms, and here are ten terms with friendly definitions for your review.  Asset:  Essentially, assets are what you own.   These include your bank accounts, business equipment, and even the amounts that customers owe you. Revenue:  Revenue is what you make.  Another word for it is Sales.  You generate […]

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Three Costly Accounting Mistakes to Avoid

Posted on 10. Nov, 2015 by in Bookkeeping Articles, Services, Small Business Tips, Tax Updates, VirtualConnections Newsletter

Small business owners have a lot on their plates, and time simply does not allow you to become an expert in all the areas required for running a business.  Here are a couple of common mistakes that we see all the time.  Correcting them will help you be more productive and profitable in your business. […]

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Get Data From Here to There With A ZAP!

Posted on 27. Oct, 2015 by in Services, Small Business Tips, VirtualConnections Newsletter, Website Resource, Windows Resources/Tips

Need to get data from one app to another?   If so, it’s time to check out Zapier. You might be moving data manually from, let’s say, your shopping cart to your CRM or from Evernote to Google Docs, or something like that.  Zapier allows you to automate the process with what they call a Zap.  […]

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iOS9 Tips and Tricks

Posted on 07. Oct, 2015 by in iOS Tips, My Favorite Things, Small Business Tips, VirtualConnections Newsletter

iOS9 Tips and Tricks Have you upgraded to iOS 9 on your iPhone or iPad? While there are not many new visual features, there are quite a few new tricks making your iPhone and/or iPad a bit easier to move around. Searchable Settings: Not sure where to find a particular setting? There is now a […]

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Seven Profit-Boosting Entrepreneurial Habits

Posted on 21. May, 2014 by in Small Business Tips, VirtualConnections Newsletter

As an entrepreneur, you are responsible for shaping your business success.  Any habits that sabotage your success in your personal life can often carry over to your business.  Becoming aware of these is the first step to success. Here are seven success-boosting habits to double-check against your own. 1.      Being able to say […]

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