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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

Smart Ways to Save on Your Tax Payments

March 1, 2018 by OSYB Staff

Small Business Profit Explosion shares some tips that could help decrease your annual tax payments: You should maximize your 401K plan contributions of $17,500. If you are over 50, take advantage of the extra $5,500 that you can contrubute and ensure that you meet the cut-off date of December 31 of the current calendar year. […]

Improve Your Customers’ Experiences and Increase Your Revenue

February 15, 2018 by OSYB Staff

As important as it is to bring potential clients to your website or your brick and mortar store, it is as important that once there, that they will continue to purchase your product or service.  Most companies want to be cost-effective but don’t put cost control over  keeping your customers happy as unhappy customers directly […]

Casual Ways to Teach Children About Money

February 13, 2018 by OSYB Staff

Teaching children the relevance of money is something you might want start earlier than later.   Even young children are aware of the value of money and the role it plays in getting the things that they fancy.  To get kids starting to think about the importance of saving, budgeting, and financial planning, here are some […]

Simple Saving Tips

February 8, 2018 by OSYB Staff

Small Business Profit Explosion shares simple ways to inculcate savings habits into your lifestyle that seem manageable and sustainable over the long haul.  You could be amazed at how much you will save by adopting some of these habits: direct a portion of every paycheck into your savings account, most people have direct deposit so […]

Consider These Details When Hiring Your Accountant

February 6, 2018 by OSYB Staff

You don’t want to wait for the last minute to hire an accountant.   Find the time to get referrals from business associates, other professionals, family, and friends.  Perform thorough research and take the time to interview your top referrals.  Small Business Profit Explosion shares eight details you need to know about your accountant before you […]

Accountants, Do Think about These Books to Read in 2018

February 1, 2018 by OSYB Staff

Accounting Today shares some 2018 reads for accountants:   “CPA’s Guide to Effective Engagement Letters”   “Integrative Advisory Services: Expanding Your Accounting Services Beyond the Cloud”   “Guide to Audit Data Analytics”   “Violent Leadership: Be a Force for Change”   “Do Good: Embracing Brand Citizenship to Fuel Both Purpose and Profit”   “Nonprofit Finance: […]

Why Startups Need a Business Lawyer

January 30, 2018 by OSYB Staff

You’re starting a new business – congratulations!  Startups require a lot of work and resources.  You may be doing most of the work on your own, or maybe you are one of the lucky ones who can hire staff or contractors.  Keep in mind though that you may need a business lawyer as there are […]

Use Accounting Apps Wisely and Safely

January 25, 2018 by OSYB Staff

For those interested in bringing your personal or business financial management into the digital world, accounting applications are in abundance.  Here is a modicum sampling of what financial applications can do: bookkeeping for personal or business use monitoring your money usage and graphing it tracking credit card usage documenting receipts depositing checks A lot of […]