Good morning all and Happy Friday - a note, we're hosting a Holiday Networking Event on Nov. 29 from 4pm-7pm at our office. Details: http://www.comprehensivebusinesssolutions.com/networkingevent.php All are welcome but you must RSVP by calling our office at 860-645-0273 or emailing your info to contact@cbsbookkeeping.com Join us to mingle, meet new people and enjoy some wonderful appetizers! Hope you can join us!
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Timothy Dugan
Marketing Specialist
Comprehensive Business Solutions
1395a Tolland Turnpike Manchester, CT, 06042
P: 860.645.0273 - F: 860.647.7610
www.cbsbookkeeping.com
"Let us maintain your books, so you can maintain your business." SM
Friday, October 19, 2012
Wednesday, June 6, 2012
Tuesday, June 5, 2012
Monday, June 4, 2012
For those of you who haven't seen our comercial - check it out and let us know what you think! http://ping.fm/t7mL1
Friday, May 18, 2012
Don't FORGET! Those of you interested in our upcoming QuickBooks Course http://ping.fm/ReGt5 - 860-645-0273 to register!
Thursday, May 17, 2012
Wednesday, May 16, 2012
Intuit offers a blog dedicated to Small Business news and advice, check it out! http://blog.intuit.com/
Monday, May 14, 2012
Friday, May 11, 2012
Wishing everyone a wonderful weekend and a HAPPY MOTHER'S DAY! Some help to those of you last minute shoppers: http://ow.ly/aRane
Tuesday, May 8, 2012
Our next QuickBooks & Bookkeeping Training Course date is SET! June 6 & June 7, details here: http://ping.fm/m65bm
Our next QuickBooks Training Course is taking place on June 6 & 7 - details here: http://ping.fm/Ghxfi , call to register!
Monday, May 7, 2012
Have you worked with us before? Let others learn about your experience by submitting a review here: http://g.co/maps/fam2v Thank You!
Our next QuickBooks Training Course is taking place on June 6 & 7 - details here: http://ping.fm/0PqXT , call to register!
Thursday, April 26, 2012
Searching for a unique and thoughtful Mother's Day gift - visit our client http://ping.fm/13F0a - all are handmade!
Often times we get bookkeeping questions AFTER a mistake has been made - learn how to avoid them here: http://ow.ly/axx4U
Wednesday, April 25, 2012
With boating season here - check out our two clients to get your boat ready: http://ping.fm/aVeae and http://ping.fm/vknlE
Tuesday, April 24, 2012
Saturday, March 31, 2012
Friday, March 30, 2012
An ABSOLUTE MUST for boaters - our new client invented an invaluable device here in CT: check it out: http://ping.fm/qCQrP
ANOTHER great article on our clients and friends @Nonscentsflower (nonscentsflowers.com) - read their wonderful story! http://ow.ly/9YH1J
Thursday, March 29, 2012
Just about 2 weeks left until your taxes are due!!! Have a cleanup? Give us a call! http://ow.ly/9XNyP
Out with the old - in with the new! Tomorrow ALL Facebook pages will be switched over to the new timeline sytle! Tips: http://ow.ly/9XL9g
Friday, March 23, 2012
Have some quesstions about how this tax refund debit card works? Check this out: http://ping.fm/JSXWI
Wednesday, March 21, 2012
QuickBooks Training Deadline Reminder: The deadline has been extended to the end of this week, call to register! http://ow.ly/9NvTN
Ways to Protect Your Business and Clients
Ways to Protect Your Business and Clients
1. Those who are involved in family businesses need 2 checking accts. Because the IRS closely scrutinizes transactions between family members in family businesses, it is highly advisable for a family business to keep a separate checking account for the business and pay all business expenses out of that account.
2. Send ICs a 1099 . . . and a 4669. Companies with few or no employees that make payments to ICs risk having the IRS (and Tax Court) deny the deductions as phony. What to do: Send each IC a 1099-MISC and get from each IC signed Form4669, Statement of Payments Received.
3. "The check is in the mail.” When a customer says the check is in the mail, politely ask for check number and date written. If the customer fumbles instead of agreeing to get the number or refer you to the bookkeeper, you should suspect that the check was never written or mailed.
4. Put collections efforts where they count. Overdue receivables are usually just 10% uncollectable after 60 days. But after 6 months, they are 33%-67% uncollectable.
5. Protect the firm against the IRS. If your firm is audited, the IRS will examine its electronic files. Some requested files may contain data outside the period under audit that the IRS could use for a “fishing expedition” or to access unrelated customer or private data outside the scope of the information request or audit. Find a method for isolating all data for a given year that excludes data from other periods. If you cannot do this, at year-end back up that year separately.
From http://www.aipb.org/
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Timothy Dugan
Marketing Specialist
Comprehensive Business Solutions
1395a Tolland Turnpike
Manchester, CT, 06042
P: 860.645.0273 - F: 860.647.7610
http://www.comprehensivebusinesssolutions.com/
"Let us maintain your books, so you can maintain your business." SM
Monday, March 19, 2012
ATTN: We have extended our deadline for our quickbooks training course registration to this week-call us if interested! http://ow.ly/9KlRz
Friday, March 16, 2012
Thursday, March 15, 2012
Wednesday, March 14, 2012
Tuesday, March 13, 2012
Monday, March 12, 2012
Sunday, March 11, 2012
Saturday, March 10, 2012
Thursday, March 8, 2012
Business Bookkeeping Quiz
Whats your score on this quiz? If you're on the lower end you may want to give us a call!:
reblogged from: aipb.org
3. You are required to retain W-4s, copies of W-2s and W-3s, state and local payroll and employment tax returns and expense reimbursement substantiation for at least _____ years from _____ __ (month, day) following the _____ _____ of the tax returns and employment-related tax forms and data.
4. Under new IRS regs, if you file a return using an IRS-authorized private delivery service, is that alone considered evidence that the documents were delivered to the IRS on time? Is it evidence to the Tax Court?
5. To ensure that the IRS (and Tax Court) will accept deductions for payments to independent contractors (ICs), companies with few or no employees that make payments to ICs should obtain from each IC a signed Form _____ [form number], _____ _____ _____ _____ [form name], for each 1099-MISC sent out.
6. Because the IRS closely scrutinizes transactions between family members involving family businesses, it is highly advisable for a family business to keep a separate _____ _____ for the business and pay all _____ _____ out of that account.
Questions 7-10: New regs for start-up businesses:
7. Up to $_____ of start-up expenses can be deducted up-front and the rest _____, but this amount is reduced dollar-for-dollar by start-up expenses over $_____.
8. The amortization period has been increased to _____ years.
9. The amortization applies to expenses incurred in the year the business begins _____.
10. The regs can be used retroactively for start-up expenses paid or incurred after _____ __, _____ (month, day, year).
ANSWERS:
9-10 correct You're up to date. To stay that way, join AIPB today.
6-8 correct You're missing information affecting your job. Join now to keep current.
5 or less correct Too busy to stay current? Let AIPB keep you up to date. Join now.
1. value, fair-market value
2. 2
3. 4, April 17, due date
4. yes, yes
5. 4669, Statement of Payments Received
6. checking account, business expenses
7. 5,000, amortized, 50,000
8. 15
9. operating
10. Oct. 22, 2004
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Timothy Dugan
Marketing Specialist
QUICKBOOKS TRAINING 2012
Comprehensive Business Solutions
1395a Tolland Turnpike Manchester, CT, 06042
P: 860.645.0273 - F: 860.647.7610
www.cbsbookkeeping.com
"Let us maintain your books, so you can maintain your business." SM
Our goal as your national association is to raise bookkeepers' professional status. One way we do this is by keeping you current and offering practical, on-the-job help in our member newsletter, The General_Ledger.
The quiz below is based exclusively on one recent issue of The General Ledger. See if you are up to date. Scroll down for answers.
1. You are required to retain records of fringe benefits provided, including _____ and _____-_____ _____ calculations for at least 4 years, but to be safe, 5 years.
2. You are required to retain documents that support calculations for work tickets, piece-work tickets, wage-rate tables, work and time schedules, additions to or deductions from wages, and time cards for at least _____ years.
4. Under new IRS regs, if you file a return using an IRS-authorized private delivery service, is that alone considered evidence that the documents were delivered to the IRS on time? Is it evidence to the Tax Court?
5. To ensure that the IRS (and Tax Court) will accept deductions for payments to independent contractors (ICs), companies with few or no employees that make payments to ICs should obtain from each IC a signed Form _____ [form number], _____ _____ _____ _____ [form name], for each 1099-MISC sent out.
6. Because the IRS closely scrutinizes transactions between family members involving family businesses, it is highly advisable for a family business to keep a separate _____ _____ for the business and pay all _____ _____ out of that account.
Questions 7-10: New regs for start-up businesses:
7. Up to $_____ of start-up expenses can be deducted up-front and the rest _____, but this amount is reduced dollar-for-dollar by start-up expenses over $_____.
8. The amortization period has been increased to _____ years.
9. The amortization applies to expenses incurred in the year the business begins _____.
10. The regs can be used retroactively for start-up expenses paid or incurred after _____ __, _____ (month, day, year).
ANSWERS:
9-10 correct You're up to date. To stay that way, join AIPB today.
6-8 correct You're missing information affecting your job. Join now to keep current.
5 or less correct Too busy to stay current? Let AIPB keep you up to date. Join now.
1. value, fair-market value
2. 2
3. 4, April 17, due date
4. yes, yes
5. 4669, Statement of Payments Received
6. checking account, business expenses
7. 5,000, amortized, 50,000
8. 15
9. operating
10. Oct. 22, 2004
----------
Timothy Dugan
Marketing Specialist
QUICKBOOKS TRAINING 2012
Comprehensive Business Solutions
1395a Tolland Turnpike Manchester, CT, 06042
P: 860.645.0273 - F: 860.647.7610
www.cbsbookkeeping.com
"Let us maintain your books, so you can maintain your business." SM
Wednesday, March 7, 2012
Sunday, March 4, 2012
Saturday, March 3, 2012
Please give our busines a star rating by visiting: http://ow.ly/8XlJv (Yahoo Users) OR http://goo.gl/9s5Ex (Google Users) - Thank You!
Friday, March 2, 2012
Thursday, March 1, 2012
Please give our busines a star rating by visiting: http://ow.ly/8XlJv (Yahoo Users) OR http://goo.gl/9s5Ex (Google Users) - Thank You!
Wednesday, February 29, 2012
Are you up this late because you're stressed about your books? Give us a call - no mess is too big! These may help too ;) http://ow.ly/9n4IF
Tuesday, February 28, 2012
eHow has a few informative small business bookkeeping tips - as a business owner, these are topics to consider! http://ow.ly/9lizi
Monday, February 27, 2012
Many have been asking about our next QB/Bookkeeping training course - check http://ping.fm/aDN3s for the latest updates!
Monday, February 20, 2012
Sunday, February 19, 2012
Saturday, February 18, 2012
Friday, February 17, 2012
BBB warns all of 'phony income tax refund emails' - be careful what you open in your inbox! http://ow.ly/988C9
Thursday, February 16, 2012
Wednesday, February 15, 2012
Tuesday, February 14, 2012
Monday, February 13, 2012
Are you watching the clock? Don't wait til' the last minute - have us prepare your books for your CPA! http://ow.ly/92mGo
For those of you who missed it, here is our prescription for this year's tax season http://ping.fm/ft6i3
Sunday, February 12, 2012
Don't take our word for it - hear it from our clients: ...“My accountant realized that bookkeeping wasn’t something I excelled at and suggested I hire a bookkeeper. My only regret is that I didn’t hire CBS sooner. CBS provides me with updates monthly, so that I am always ready when my accountant needs information. I have a much better idea of how my business is doing as my books are always current and correct. Lori and her team are trustworthy and professional. I can’t imagine using anyone else, or ever going back to doing my own books!”
- Lynn G. Dobrowsky, Agent
- Lynn G. Dobrowsky, Agent
Our client of the month: Royal Ice Cream's facebook page can be found at: http://ow.ly/8ZMPp - if you like ice cream, then like their page!
It didn't quite make the top super bowl commercials this year but WE think it's one of the best - wouldn't you think?! http://ow.ly/8ZLeM
Saturday, February 11, 2012
Friday, February 10, 2012
Our client: www.NonScentsFlowers.com is back in the news (again)! Read their warming story on how they got started http://ow.ly/8ZNP9
Thursday, February 9, 2012
What our clients say about us:...“The headquarters of our organization in Tampa, FL has unique charitable requirements, with which all satellite branches must comply. Quickbooks is great, but it does not work just by itself. Thanks to Lori’s monitoring and continuing answers, we are readily able to address questions when they arise.”
- Lewis P. Bither, Recorder – Sphinx Shriners’
- Lewis P. Bither, Recorder – Sphinx Shriners’
Wednesday, February 8, 2012
CBS was built on honest, trusting relationships - Here are some others who share our values: http://ow.ly/8X1Yl
What our clients say about us: “Prior to utilizing a bookkeeping service, we thought we could do it on our own which of course only lasts a short while until things pile on. Upon the realization that we definitely need a bookkeeping service, Comprehensive Business Solutions came very highly recommended by several professionals in the community.”
--PROHealth Chiropractic (Manchester, CT)
--PROHealth Chiropractic (Manchester, CT)
Tuesday, February 7, 2012
In the mood for dessert? You will be! Check out our e-brochure we created for our client of the month: Royal Ice Cream http://ow.ly/8V9Pv
Monday, February 6, 2012
Sunday, February 5, 2012
Often times we have clients call us because they're confused about their current bookkeeping habits, can you relate? http://ow.ly/8Qz8b
Saturday, February 4, 2012
Bring these http://ow.ly/8Qzma to this www.cbsbookkeeping.com :) - give us a call to prepare your records for your CPA!
Bookkeeping is an imperative part of your business - simple software isn't enough! http://ow.ly/8Qz4m
Need us to prepare your books for your CPA? Don't wait, give us a call! The tax deadline will be here soon! http://ow.ly/8QyW6
Learn Basic Bookkeeping AND Quickbooks to help better your business - our course is coming up, contact us to register! http://ow.ly/8JAmp
Thursday, February 2, 2012
Hungry? You willl be! Our Client of the Month: http://ping.fm/cA2U0 their factory is here in manchester (warren st.) check them out!
Wednesday, February 1, 2012
This will NOT help you get better at bookkeeping http://ow.ly/8OHJh - but this will: http://ow.ly/8JAmp Contacts us to register!
Tax season is around the corner! Look familiar? http://ow.ly/8OHgn Give us a call! 860.645.0273 http://ping.fm/3t377
Tuesday, January 31, 2012
The first month of the new year is already over! Have you followed through with your NY resolution to learn quickbooks?! http://ow.ly/8JAmp
Worked with us before (or a current client)? Let us know what you think - submit a rating here: http://goo.gl/9s5Ex
Have a special celebration coming up? Contact our client http://ping.fm/PxVYu for some really neat origami flower arrangements!
Now is the time of year to learn quickbooks! Click here for info and details about our upcoming training course! http://ow.ly/8JAmp
Monday, January 30, 2012
Saturday, January 28, 2012
Learn both QuickBooks and basic Bookkeeping at our upcoming course...details here http://ow.ly/8JAmp - Don't wait to register!
Thursday, January 26, 2012
Worked with us before (or a current client)? Let us know what you think - submit a rating here: http://goo.gl/9s5Ex
Wednesday, January 25, 2012
Our Training Course on Feb 22-23 will cover BOTH basic Bookkeeping AND QuickBooks - contact us to register! http://ow.ly/8Gelr
Tuesday, January 24, 2012
This says it all about our upcoming QuickBooks & Bookkeeping training course on 2/22 & 2/23 - Contact us to register! http://ow.ly/8Em6r
Monday, January 23, 2012
Saturday, January 21, 2012
Have you heard? We're holding a Bookkeeping & Quickbooks training course - http://ow.ly/8AZjk - contact us to register
Our client, www.nonscentsflowers.com was recently mentioned in the paper about their story, check it out! http://goo.gl/55ONr
Friday, January 20, 2012
LEARN QUICKBOOKS: We're holding a training course for bookkeeping/quickbooks on Feb 22-23...details here: http://ow.ly/8AYxg
Thursday, January 19, 2012
Wednesday, January 18, 2012
Tuesday, January 17, 2012
Kick off the new year right by getting your books cleaned up and organized! Contact us http://ping.fm/Ddr38
Monday, January 16, 2012
Sunday, January 15, 2012
Saturday, January 14, 2012
Client of the Month: Sanson Inc builds beautiful custom woodwork and cabinetry! These photos are amazing! http://ow.ly/8sTy8
Friday, January 13, 2012
CBS IS OFFERING A QUICKBOOKS TRAINING COURSE FEB 22-23, CONTACT US FOR DETAILS!! http://ping.fm/o2BE5
Wednesday, January 11, 2012
Client of the Month: Sanson Inc. creates unbelievable custom woodwork, check out their photos http://ow.ly/8pXUP and at www.Sansoninc.com
Tuesday, January 10, 2012
Monday, January 9, 2012
Looking to update your current accounting software with the latest edition of Quickbooks? We can help! http://ping.fm/HPK4b
Saturday, January 7, 2012
Want to see our client, Royal Ice Cream, make their desserts! We just put this video on their site ...check it out! http://ow.ly/8kMEv
Friday, January 6, 2012
Looking to have some custom woodwork built and installed in your home/business, ask our client http://ping.fm/FDI8v
A client of ours (Non-Scents Flowers) makes origami flowers, they're beautiful!...we built their site too! http://ping.fm/g6wPr
Thursday, January 5, 2012
Many can attest to having made a social media profile, being really excited and then letting it fade away - get back on!: http://ow.ly/8i8Ed
Wednesday, January 4, 2012
SEO/SMO Tip: A basic but VERY informative blog, maybe one of the best out there helping you with SEO and SMO http://ping.fm/34RLP
Tuesday, January 3, 2012
As we mentioned earlier, our NY Resolution is to help our valued clients. This month we're featuring http://ping.fm/PTm0Q they create fantastic custom cabinetry & woodwork - Check out and Like their page!: http://goo.gl/fro56
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