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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

5 Ways That Virtual Bookkeeping Can Save Your Business Money

March 29, 2021 by OSYB Staff

Managing a business, whether enterprise-level or sole proprietorship, involves a ton of balancing. Especially when it comes to finances. The main goal is to keep revenue high while keeping costs to a minimum. One method of ensuring maximum efficiency while saving money in the process is switching to virtual bookkeeping.  In-house bookkeeping has its fair share […]

Elaine Reilly joins OSYB as Director of Administration & Compliance

January 8, 2021 by OSYB Staff

Jan 8,2021 – Garden City, NY – Outsource Your Books is proud to announce the hiring of Elaine Reilly as our new Director of Administration & Compliance. Elaine  brings over 20 years of experience in business operations and management.  She has worked with both consulting and technology firms. Elaine holds a B.A. in Communication Media […]

Be Cyber Safe During the COVID 19 Crisis

April 1, 2020 by OSYB Staff

As we’ve shared in other blog postings and a more recent post from Ed Becker (OSYB Partner), in crisis there is chaos and there are those that take advantage of these difficult circumstances. Check out these articles to personally and professionally protect yourselves as the vast majority of interactions are happening on the internet. From […]

Is a Small Business Line of Credit for You?

March 26, 2020 by OSYB Staff

Will a small business line of credit help you to achieve your business goals? Intuit QuickBooks shares some data for you to consider before you take pen to an application. Understanding a small business line of credit (LOC): short-term business loan that allows the owner to borrow up to a specific credit limit amount loan […]

Estimated Tax Payments (Part 1)

March 19, 2020 by OSYB Staff

Small Business Trends shares good information on estimated tax payments. Most small business owners are required to pay estimated taxes quarterly prior to April 15. These quarterly installments are an estimate of what will be owed. These estimated tax payments are made to the IRS and sometimes the local state taxing authority. Here are some […]

Fundamentals for Small Business Owners to Live By (Part 2)

March 12, 2020 by OSYB Staff

Tuesday’s blog, Fundamentals for Small Business Owners to Live By (Part 1), shared tips on how run a successful business. Here are some tools, software and processes that you can utilize to pursue your goals: Finance tools are abundant in the marketplace and choices abound, it is important to be educated on the tools that […]

Fundamentals for Small Business Owners to Live By (Part 1)

March 10, 2020 by OSYB Staff

Intuit QuickBooks shares some important rules that you should consider following to do all the things you need to get done for success. Here are some thoughts to ponder and put into action: Bring in more money than you spend. keep in mind that debt financing and other capital raising strategies count as bringing money in […]

Vacation, a Tax Write Off?

March 5, 2020 by OSYB Staff

Needing a vacation but can’t quite afford it? Perhaps you could combine a business trip with some leisure time. Intuit QuickBooks shares how you can lighten your out-of-pocket vacation expenses by planning out a few of these things: Set up a business appointment before you plan your vacation or leave for it. Maintain all records […]

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