OSYB Blog: Number Crunch!
News and Views from OutSource Your Books, LLC
How to Increase Your LinkedIn Engagement by 386%
January 8, 2014 by OSYB Staff
Could you increase your LinkedIn engagement by almost 400%? It might seem as sexy as Twitter or Facebook, but it is a social channel that you cannot ignore. It’s a business social channel that can offer you awesome networking ability. It also allows you search ranking potential. Read more here.
What you need to pay by year-end to get a 2013 business expense deduction
January 7, 2014 by OSYB Staff
Hopefully, you paid the end of the year expenses that you can still deduct as business expenses. Even since the end of year has passed, you can take these tips into account for 2014 end of year. There is great advice for cash basis taxpayers, accrual basis taxpayer’s expense to non-related parties and related parties. […]
Three Steps to Organizing Your Chart of Accounts
January 7, 2014 by OSYB Staff
Organizing your chart of accounts. That phrase can put fear into business owners and bookkeepers. But the chart of accounts is the backbone or skeleton structure of your whole infrastructure. It can either provide you with good usable information or numbers that do not mean anything. Accountants do not always think strategically about the chart […]
Understanding Your Company’s Core Competencies
January 6, 2014 by OSYB Staff
Have you slipped away from your core competencies’ while you were trying to grow your business? We tend to take on tasks that could be easily handled by someone else. This can also happen as business expands. Even if you haven’t strayed from all of your key strengths, you can get back on track. Read […]
4 Customer-Relationship Management Systems for Small Businesses
January 6, 2014 by OSYB Staff
Customer Relationship Management may be the perfect way to keep track of clients and prospects. CRM software helps you track contact information, correspondence and purchase histories, and offers follow up alerts. This can be a huge time saver. To read information and reviews of some top software programs read this article.
Strapped for Cash? Why You Should File Your Tax Return on Time Anyway
January 5, 2014 by OSYB Staff
All taxpayors are expected to file their return and pay their tax liability by April 15th usually. Many times you may not have the cash available to pay your tax bill by that date, or not in full. But it is best to file early and pay what you can. Read why.
The Best Business Books of 2013
January 5, 2014 by OSYB Staff
If you have some down time, even now that the holidays are coming to an end, the top business books of 2013 are great reading. This article has their top 7 picks from Intuit. “The Everything Store”, “Lean In: Women, Work and the Will to Lead” are just two on their list.
Taxation of Damages
January 4, 2014 by OSYB Staff
Did you know that damage settlements are taxable income? How they are taxed and what amount you are taxed on depends on your state laws. Depending on the settlement type also will determine how the funds are taxed. If you sue for discrimination for getting fired, you would be taxed as wages. Read more details […]
