OSYB Blog: Number Crunch!
News and Views from OutSource Your Books, LLC
Pyramid Schemes
March 9, 2017 by OSYB Staff
“No one is safe from these predators who call themselves multi-level marketing, direct sales, network marketing, or any other variation on the pyramid scheme.” Forensic Accountant, Tracy Coenen shares important insight into multi-level marketing in Uganda but it happens here as well. Read more: Multi-level Marketing in Uganda
Another Year Brings on Tweaked Tax Scams
March 8, 2017 by OSYB Staff
Don’t Mess with Taxes shares the IRS list of 12 dirty tax scams. Most of last year’s scams are back on the list (they must have been successful) but some have been tweaked. Forewarned is forearmed. You need to know this: Watch out for the Dirty Dozen Tax Scams of 2017
Keep Employee Theft at Bay
March 7, 2017 by OSYB Staff
Tracy Coenen, Sequence Inc., in her Fraud Files Forensic Accounting Blog, reminds business owners that it is important for them to prevent employee theft and discourage it. Simple measures like maintaining physical security and audit reconciliations can go a long way. It’s important that your employees know that you value all your assets. Read more: […]
How to Add Value to Your Business
March 6, 2017 by Jarred Berman
When it comes to purchasing real estate, the age-old proverb holds true: location, location, location. When it comes to purchasing a business, the same holds true, except the proverb goes like this: valuation, valuation, valuation. Valuation experts are looked at to ascertain a value, or a range of values, for the subject interest in question. […]
How Tax Savvy Are You?
March 2, 2017 by OSYB Staff
The Nerd Wallet shares that many taxpayers are at a loss about understanding their tax status and may be unnecessarily paying to file their taxes. How tax knowledgeable are you? Read More: Survey: Americans Missing Out on Free Tax Software, Don’t Know Basic IRS Facts
Are You Open-minded?
March 1, 2017 by OSYB Staff
Keeping an open mind allows you to explore strategies that you may have never considered. It could be beneficial to try something new. Small Business Profit Explosion has a tip they would like to share with you: Keep an Open Mind
Firing Should not be the First Option
February 28, 2017 by OSYB Staff
Firing may sometimes seem to the most expedient way to handle an employee that is not working out. There are always other factors to consider, see what Small Business Profit Explosion suggests: Encourage Improvement Before Firing
Big Vision for Your Business- Goal Setting and Vision Evolution
February 27, 2017 by Ed Becker
Small business owners started with a big vision, that’s why they started their own business. Many times, the craziness of being a small business owner and wearing many hats pushes that big vision to the back of their mind. During the day-to-day of running a business the vision loses priority. This can cause you to […]
