Richmond VA Accounting Services Blog | Rue & Associates

Blog

06
Nov

Accounting vs. Bookkeeping

Most business have a person on staff who handles the day to day cash transactions of a business. Typically, they are responsible for making a record of receipts, paying day-to-day expenses, and maintaining an accurate record of the money the company is …

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01
Nov

How to Report a Fixed Asset

Fixed assets, such as the major investments made in your business such as vehicles and equipment, have complex reporting requirements. Real estate is also a fixed asset whether you’re a professional real estate investor or an accidental landlord who decides …

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28
Oct

How to Use your 401(k) to Reduce Taxable Income

Your 401(k) plan provides an excellent opportunity to reduce your tax liability. It can help you save for retirement, but more importantly, your     401(k) can be a valuable way to reduce the amount of tax you owe on an …

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25
Oct

The Importance of Separating Your Business Finances From Personal Finances

It’s important for sole proprietors and other small business owners to understand the importance of keeping their business and personal finances separate. While it may seem easier to maintain one bank account for everything, you could be creating a situation …

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18
Oct

Why Should I Use E-commerce with My Website?

E-commerce is more than just a buzzword: it’s a viable solution for running a sustainable business online. You should consider putting an e-commerce solution in place whether your business is primarily digital, has retail and online elements, or is even …

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