OSYB Blog: Number Crunch!
News and Views from OutSource Your Books, LLC
IRS Suspends Refunds During Government Shutdown
October 20, 2013 by OSYB Staff
Even though the Federal Government shut down has most IRS employees on furlough you are still expected to meet all of your filing and payment deadlines. The IRS says it will accept payments as they are received but it will not issue any refunds during this time. Read here for more information.
Small Business Success Stories!
October 20, 2013 by OSYB Staff
Being able to read about or talk about success and failures made by other small businesses can help you to learn from them. They most likely have made the same mistakes or have struggled with something similar to what you may be right now. Read this article for profiles and stories of small businesses.
Two is Company, Three is a Crowd
October 19, 2013 by OSYB Staff
Sometimes better the devil you know than the devil you don’t. Change is not always comfortable, it takes us out of our comfort zones and makes us feel vulnerable. But change is necessary and so is compromise. It takes more dialogue and discussion to come to a compromise when there are three parties. Read more.
Show me the Money! Cash Flow’s Impact on Profitability
October 19, 2013 by OSYB Staff
Cash, cash flow and profit all mean very different things. Your small business may be making profit and the cash flow is moving in and out of the business, but you are not seeing any cash in hand. If you are cash flow short then you need to analyze why. Read more here.
Could a 4-Day Workweek Work for Your Business?
October 18, 2013 by OSYB Staff
Alternative scheduling for full time employees; good or bad? There are pros and cons of any shift hours so you need to weigh the best option for your company and the employees. Many companies offer 4 day work weeks, working four ten hour days and having an extra weekend day. For other alternatives read this.
How to Fire a New Hire Who Just Isn’t Working Out
October 18, 2013 by OSYB Staff
It is never easy or fun to have to fire someone. But sometimes you simply have to; if a new hire is not working out and it is not a trainable issue, then you need to take care of the issue. But you do not want legal issues later. Read here for great tips.
And the biggest whistleblower award goes to…
October 18, 2013 by OSYB Staff
The Dodd-Frank Act allows the SEC office of the Whistleblower to protect the identity of those who are paid for information that results in an SEC enforcement action. This is hopefully to encourage more people to come forward that may not have because of concerns about their identity being revealed. Read more here.
How to Comply With the Affordable Care Act
October 17, 2013 by OSYB Staff
The Affordable Healthcare Act marketplace opened October 1st. Small business owners that that have not yet informed their employees need to do so right away. There is no a specific date that you will be in trouble if you miss, but you should be in compliance as soon as possible. Read here about what you […]
