OSYB Blog: Number Crunch!
News and Views from OutSource Your Books, LLC
Bye Bye QuickBook’s Tech Support for Versions of 2009 and prior!
March 22, 2012 by Ed Becker
As of May 31, 2012, live technical support and add-on business services such as payroll, credit card processing, QuickBooks Email, and online banking will be discontinued for QuickBooks for Windows 2009, QuickBooks 2009 for Mac, and a few other products. Experts in outsourced bookkeeping services have been maintaining clients’ accounts by upgrading to current software and QuickBooks […]
Memorized Transactions in QuickBooks
February 22, 2012 by Ed Becker
If You Can’t Remember…Memorize! QuickBooks’ Memorized Transaction Feature is a Great Way to Save Time Managing Small Business Finances Why do so many users fail to take advantage of QuickBooks memorized transactions feature? I don’t know, but be sure you don’t make that mistake. While some of QuickBooks many features can be confusing or frustrating, […]
Beware Latest SPAM email NOT from INTUIT or Quickbooks!!!
February 10, 2012 by Ed Becker
Don’t be fooled by malicious email supposedly from Intuit There is an email going around that OSYB wants you to be aware of. The email claims to be from “INTUIT.com.” If you use QuickBooks or other Intuit products, you may think this is legit. Don’t be fooled! It is not legit in any manner. Below […]
Bookkeeper Madness – Does Your Bookkeeper Really Know What They Are Doing?
February 9, 2012 by Ed Becker
There’s no faster way to kill a business than to mishandle its finances. That’s why I’m surprised by how often small business owners hand their books over to a bookkeeper and simply assume everything will be OK. There are ways this assumption can really hurt your business. Plus, there’s an easy remedy. Bookkeeper Madness Mistake […]
Self-Employed? Tips on Reducing Health Care Costs
January 18, 2012 by Ed Becker
Health Insurance Deduction Did you know that for 2011, there is a self-employed health insurance deduction? Eligible self-employed individuals and S-corporation shareholders can use the self-employed health insurance deduction to reduce their income tax liability. It’s not too late the claim the deduction if you’re eligible. Who is covered? The deduction includes premiums paid for […]
Payroll Tax Cut Extended into 2012…Temporarily
December 30, 2011 by Ed Becker
Feds Approve Payroll Tax Cut Extension Nearly 160 million workers will benefit from the extension of the 2011’s reduced payroll tax rate into 2012. The Temporary Payroll Tax Cut Continuation Act of 2011 temporarily extends the two percentage point payroll tax cut for employees, continuing the reduction of their Social Security tax withholding rate from […]
Don’t Make this Mistake with QuickBooks and Credit Card Receipts
December 24, 2011 by Ed Becker
A simple, but helpful tip from my QuickBooks training files If you’re like many small businesses, you use your credit card to pay for as many small business expenses as you can: gas, office supplies, travel, meals, etc. Some small businesses use their credit cards as a line of credit. Others like accruing points. And […]
Watch Out – They are Coming After You! (1099 Warning)
December 20, 2011 by Ed Becker
1099 Classifications — States and the Federal Government are Cracking Down States and the Federal Government are hiring agents to go after employers who are not abiding by employee classification laws. Why? Because with huge budget deficits, pinging small businesses with penalties can bring in revenue for struggling states. Both the New York State Department […]
