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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

2019 Retirement Accounts Limits are Up

December 11, 2018 by OSYB Staff

2019 will herald a change in retirement account limits.  Accounting Today shares some important ones for you to know: If you participate in contributing to a 401(k), 403(b), or most 457 plans and the federal government’s Thrift Savings Plan your contribution limit will increase to $19,000 in 2019 Annual contributions limits to an IRA, went […]

Cyber Criminals Target Natural Disaster Victims

September 25, 2018 by OSYB Staff

Natural disaters are calamitous for all the people affected by it.  Also, extremely tragic is that cybercriminals take advantage of this vulnerable population for their own gains.  Individuals and corporations are equally at risk.  Disasater victims, volunteers and donors are vulnerable to “phishing” attacks as they have to communicate with unfamiliar people and groups.  When […]

Coming to QuickBooks 2019

September 11, 2018 by OSYB Staff

Carrie Kahn of AccountEx Report shares some of the enhancements and features of QuickBooks 2019.  “For 2019, the QuickBooks Desktop product team focused on overhauling the current features to improve the functionality and workflow.”  Here are some of the new features to look forward to: Tracking vacation and sick time will be more accurate as […]

Update on Online Tax Laws by State

August 23, 2018 by OSYB Staff

“On June 21, 2018, the United States Supreme Court issued the much-anticipated decision in the case of South Dakota v. Wayfair, in favor of South Dakota. In this case, the Court ruled in favor of a South Dakota law that requires any out-of-state seller that delivers more than $100,000 of goods or services or has […]

Will the Online Sales Tax Ruling Affect Your Small Business?

August 16, 2018 by OSYB Staff

Accounting Today shares, “The U.S. Supreme Court’s recent decision on states’ authority to collect sales tax from online retailers will have far-reaching implications for domestic businesses, unless states and policy makers act to reduce the compliance burden and prevent an unfair advantage.” Authored by Justice Anthony Kennedy, the 5-4 opinion in Wayfair v. South Dakota  […]

Is Your New Business Viable?

August 9, 2018 by OSYB Staff

You have a great idea for a service or a product and you are determined to be a success.  You decide you want to be a small business owner, quit your job and be your  own boss.  But, does your business plan really have what it takes?  Intuit QuickBooks shares 5 things you need to […]

8 Ways to Get Customer Feedback

August 7, 2018 by OSYB Staff

Providing quality customer service is key. You may have a great product or service but if your customer service is subpar, you will not be as profitable as you could be.  Neil Patel of Quicksprouts goes as far to say that even an average product or service will be profitable, if the customer service is […]

Is it Safe to Store Data in the Cloud?

July 26, 2018 by OSYB Staff

Storing data is a real dilemma for companies world-wide.  Maintaining data security is a primary serious concern.  TechPluto shares some things to consider when deciding on how and where to store your data: Choose the right Cloud provider – research providers by reading reviews and checking their reputations and consider companies that “allow clients to […]

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