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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

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 […]

A Message from OSYB

March 17, 2020 by Ed Becker

Dear Valued Client, In light of recent developments and to manage through the impact of the coronavirus (COVID-19),  we decided to institute our remote work protocol effective on March 16th.  We worked hard over the past decade to ensure our entire team is able to function as a fully remote workforce and continue to serve […]

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 […]

How to in Excel …

March 3, 2020 by OSYB Staff

Intuit QuickBooks shares some great Excel tips that should help you speed up work that you may find tedious or confusing. Here are some great tips that are confirmed to work on both Mac and Windows laptops and could apply to mobile versions: Select all cells including empty cells in a document- click on the […]