OSYB Blog: Number Crunch!
News and Views from OutSource Your Books, LLC
Are Your Books Cooked?
December 13, 2012 by Ed Becker
It appears as though the SEC is spending much of their efforts going after ponzi type schemes and missing a much bigger picture pertaining to accounting fraud. For a great post on financial statement revsions happening as a result of fraud, check out this post called “Cooking The Books: Financial Statement Revisions”
Personalized Holiday Gift Ideas for Small Businesses
December 10, 2012 by Ed Becker
Its holiday season and do you know what to get your contacts and staff? If you answered no to either of these then check out this blog on “5 Personalized Holiday Gift Ideas” by Rachel Hartman.
How Long Should I Keep My Records?
December 10, 2012 by Ed Becker
As a follow up to my post on How Long Should I Keep My Accounting Records?, I am still receiving many questions on this topic. This post will hopefully clarify some of your questions and provide more insight for our clients and followers. Here are some sample examples and timelines for record retention. Each person’s situation […]
Public Relations Approaches for A Small Business
December 6, 2012 by Ed Becker
Here are 4 tips for the small business owner who may not have the resources (time or money) to engage a PR firm. Public relations can be very expensive, but as outlined in the Intuit post linked to below, there are some simple steps you can implement. Intuit recommends: Contribute to trade publications. Pitch trend […]
What Expenses Can I Deduct as a New Business?
November 30, 2012 by Ed Becker
New business owners want to sleep soundly at night, but sometimes an endless array of questions circles in their heads as they prepare the logistics of operating a new business. Typical questions that startup business owners ask are: What type of entity do I set up? Where do I incorporate? Can we hire subcontractors? Does my […]
How To Update A Memorized Transaction in Quickbooks
November 17, 2012 by Ed Becker
Many QuickBooks users use memorized entries to save time with daily tasks. Our consultants at OSYB are always looking for opportunities to implement a memorized transaction for this reason. If you can save key strokes, you can save time, and who couldn’t use a little time in his or her busy day? As a reminder, […]
You Can Help Employees Hit By Hurricane Sandy-Tax Break.
November 13, 2012 by Ed Becker
As a small employer located on Long Island the devastation and impact on people’s lives here can not be explained in words. The goodness in people is abundant everywhere you look, neighbors taking in neighbors, charities being created, food and clothing centers springing up over night, and now the time for employers to step in […]
Is Your Email Account Secure?
September 26, 2012 by Ed Becker
When sending sensitive reports and files to your clients, family, attorney or CPA, are you comfortable that your data is secure? If you answered NO or MAYBE, then you should act now to implement a safer method. You must go above and beyond in safeguarding your email account and the data you send or you […]
