Zenefits – Your Virtual HR Department

Posted on 15. Jan, 2015 by in CEO Tips, Small Business Tips, Website Resource

Zenefits gives you, your managers, and your employees a single place to manage all your HR — payroll, benefits, compliance, and more — all online, in one beautiful online dashboard. For example, hiring a new employee? Zenefits will Get the employee to sign their agreements online Collect employee’s personal, bank and tax information Add the […]

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Are Your Workers Contractors or Employees?

Posted on 13. Jan, 2015 by in Bookkeeping Articles, Small Business Tips, Tax Updates, VirtualConnections Newsletter

If you have workers in your business, you likely made a decision when you hired them as to whether they should be an employee or a contractor. If all you hire is employees, then you have nothing to worry about. But if you hire contractors, there may be some financial risk you may taking that […]

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2015 Health Care Savings (HSA) Account Limits

Posted on 08. Jan, 2015 by in Bookkeeping Articles, Small Business Tips

The savings limits for the ever-popular Health Savings Accounts (HSA) are set for 2015. The new limits are outlined here with current year amounts noted for comparison purposes. What is an HSA? An HSA is a tax advantaged savings account to pay for qualified health care costs. The account consists of wages contributed on a […]

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Do You Have a Revenue Plan for 2015?

Posted on 06. Jan, 2015 by in Bookkeeping Articles, 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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Planning for a Fabulous 2015

Posted on 31. Dec, 2014 by in Small Business Tips

The holiday month of December brings celebration as well as reflection for all the events that occurred in 2014.  It also gives us great hope for starting a fabulous 2015.  Here are three ideas to start 2015 with a bang. 1-    Find a focus for the year.  Instead of getting into the rut of making […]

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When to Notify the Healthcare Marketplace

Posted on 30. Dec, 2014 by in Bookkeeping Articles, Small Business Tips, Tax Updates

Avoid a Premium Tax Credit bill at the end of 2014 For the millions who now use the Healthcare Marketplace to purchase their health insurance, it is important to keep your information with them up to date. Not only does this help ensure you have the proper health insurance coverage, but it also ensures your […]

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Word of the Year

Posted on 23. Dec, 2014 by in Misc. Articles

Are you current with the New English? Each year the Oxford Dictionary announces a new word of the year. This word exemplifies changes in society and shows the continuing evolution of the English language. As the year wraps up, here is a look back at the words of the year for the past decade. How […]

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Seven Year-End Adjustments to Make to Your Books

Posted on 15. Dec, 2014 by in Bookkeeping Articles

Year-end is coming up for many businesses, and it’d be nice to know what your final revenue and profit numbers will be for the year.  Before we can calculate these key numbers, there are year-end adjustments that may need to be made to your books that will change the numbers. Here are seven common ones. […]

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Quick Tips for Giving Bonuses

Posted on 15. Dec, 2014 by in Small Business Tips

Year-end is a great time to think about rewarding your staff for a job well done in 2014. Here are a couple of quick tips to help you make the most of giving bonuses while protecting your business and cash flow. Timing.  Would you be better off timing bonuses in this year to reduce 2014-year […]

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Breaking News: 2015 Standard Mileage Rates

Posted on 12. Dec, 2014 by in Bookkeeping Articles, Misc. Articles, Tax Updates

The IRS has just released the standard mileage rates for 2015. For business use of an automobile, the rate will increase to .57.5 cents per mile. For medical and moving expenses, it is decreased a half-cent to .23 cents per mile. For services to charitable organizations, the rate stays at .14 cents per mile. You […]

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