Are you ready for EMV?

Posted on 29. Sep, 2015 by in Bookkeeping Articles, Services, Small Business Tips

On October 1, 2015, small businesses who accept credit cards will be subjected to the new Europay, MasterCard, and Visa (EMV) standards. This is reflecting a shift from magnetic-strip credit cards to chip and pin cards now being issued. You may ask why the change? Almost half of the world’s credit card fraud now happens […]

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Introducing Periscope

Posted on 10. Sep, 2015 by in Bookkeeping Articles, Marketing Tips, Misc. Articles, Services, Small Business Tips, Social Networking, VirtualConnections Newsletter

It seems everywhere you turn you are hearing about Periscope. So what is Periscope? Periscope is a new social mobile app allowing you to stream live video from your phone to anyone who wants to watch. As a viewer, you can now see the world in real time through someone else’s eyes. As a broadcaster, […]

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How to Avoid Sales Tax Surprises

Posted on 09. Sep, 2015 by in Bookkeeping Articles, Small Business Tips, Tax Updates

Sales tax laws are constantly changing, and sales tax audits have increased since states and local agencies have become creative about finding new ways to generate revenues.  If you haven’t made any changes in your sales tax procedures in a while, you are probably at risk. Taxability From state to state, the taxability of items […]

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Cool Tech Tools:  Customer Portals

Posted on 08. Sep, 2015 by in Bookkeeping Articles, Services, Small Business Tips, Windows Resources/Tips

If you have a business where you have to send documents of any kind to your customers, then you may benefit from a portal.  You can save time on customer service and possibly postage and labor.  You will also look most professional while increasing service delivery. What Is a Portal? A portal is software in […]

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The Rule of 72 – A Tool You Can Use

Posted on 26. Aug, 2015 by in Bookkeeping Articles, Misc. Articles, Small Business Tips

The “Rule of 72” is an approximation technique for how long it will take an investment value to double using compound interest. Example: If you have $50,000 saved for your daughter’s college education and you place the money in an investment that yields 7%. How long will it take for the investment to become $100,000? […]

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ACA Strikes Again

Posted on 20. Aug, 2015 by in Bookkeeping Articles, Misc. Articles, Tax Updates

Are you prepared? The Affordable Care Act (ACA) continues to evolve as the IRS begins to address challenges faced during the past tax season. A recent IRS announcement warns taxpayers who use the Premium Tax Credit to file their 2014 tax return immediately. Failing to do so may cause the IRS to deny using the […]

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What to Do About Spam

Posted on 14. Aug, 2015 by in CEO Tips, MAC Tip, Misc. Articles, Small Business Tips, VirtualConnections Newsletter

Unfortunately, spam is an inevitable part of today’s digital world. The bad news is if you have your spam settings set too tightly, you will lose good emails. If you receive new prospects via email, you may miss out on good clients and revenue. If you have your settings too loose, you have to take […]

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Cool Tech Tools: When There’s No Internet, Use Your Personal Hotspot

Posted on 12. Aug, 2015 by in CEO Tips, MAC Tip, Misc. Articles, Small Business Tips, VirtualConnections Newsletter

Have you ever been in a situation where there’s no internet and you needed it? Or perhaps you’re at a hotel and don’t want to pay the extra $15 per day for wireless internet. If so, you’re not alone, and luckily, there’s a gadget for just about everything. This time, it’s a gadget you probably […]

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Mid-Year Milestones

Posted on 11. Aug, 2015 by in Bookkeeping Articles, CEO Tips, Small Business Tips, VirtualConnections Newsletter

Wow, can you believe that it is already mid-August? Now that we’ve beyond the halfway mark, it’s time to see if we’re on track for our 2015 goals. To do that, we need to see if we’ve met our mid-year milestones. Managing By Milestones A milestone, in project management terms, is simply a point along […]

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New Level of Shared Responsibility Penalty

Posted on 21. Jul, 2015 by in Bookkeeping Articles

Don’t let this one get out of hand A part of the Affordable Care Act is the enactment of a tax penalty if you or your family does not have qualified health insurance coverage for the entire year. The new tax penalty, called the “shared responsibility payment” impacts taxpayers beginning in 2014. While the payment […]

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