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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 […]

Here’s Why You Should Outsource Bookkeeping Services

March 11, 2021 by Jordan Henri

Business owners, whether brand new or seasoned veterans, often have a lot on their plates. From managing customer or client expectations to recruiting an effective team, there’s never a shortage of tasks to take care of.  However, one aspect of business that often gets overlooked is your books. Despite being one of the most important […]

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 […]

An Important Message from OSYB

March 30, 2020 by Ed Becker

Good Morning: OSYB would like to make you aware that we are seeing an increase in fraudulent activity in our clients’ accounts.  Please be extra vigilant and review your bank account transactions, Paypal accounts, credit card charges, and any other sources of funding daily, or more frequently.  We are seeing an increase in phishing emails […]

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 2)

March 24, 2020 by Guest Writer

In our previous post, synthesized from Small Business Trends, we shared information on who should pay estimated tax payments and when they were due. Here’s more information for you to digest about this topic: How do you file estimated tax payments? paper filing electronic filing How much should you pay? use Form 1040-ES to calculate […]

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 […]

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