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What’s in the 2011 Federal Budget for Small Business?

The president has released the 2011 federal budget with a significant number of changes in federal tax laws that will impact self employed individuals and small businesses.  Here is a highlight of some of the proposed changes.

Make the $250,000 Section 179 capital asset deduction permanent.  Section 179 provides that, in place of capitalization [...]

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Posted by: Wray Rives, February 2, 2010

Mobile Bookkeeping – Automatically Record Expenses via Phone

Released to Outright last night is a unique bookkeeping feature that automatically imports expenses recorded by phone.
Upon adding "Mobile Expenses" from your home tab on Outright.com, we'll connect with Xpenser, the masters of mobile expense input, to import any expenses you submit through your cell phone. Set up, Xpenser will give you a unique [...]

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Posted by: Paul O'Brien, October 6, 2009

Track Business Automatically with Credit Card and PayPal Import

Bookkeeping on autopilot for millions of busy self-employed business owners. We're just giddy that we can say that; truly delivering for entrepreneurs a service that automatically records income and expenses, categorizes everything for the IRS, and delivers reports about business performance.
Today, with a... minor release we've overhauled the experience you have [...]

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Posted by: Paul O'Brien, September 29, 2009

How much money is coming in and how much is going out

I can honestly say my junior year in high school changed the course of my life. My mother's entire family worked in the medical profession in some way and growing up surrounded by doctors, nurses and pharmacists, I had always planned to do the same. My junior year in high school I had [...]

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Posted by: Wray Rives, July 1, 2009

Why Intuit’s purchase of Paycycle is good for small business

Yesterday, it was announced that Intuit is buying Paycycle for $170 million.  Let me just state for the record that I think this is a smart buy for Intuit.  Why?  Well, my partner Ben and I actually worked in the payroll group within Intuit, and yet when it came time to run payroll for our [...]

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Posted by: Kevin Reeth, June 3, 2009

Outright Founder on Financial Management with Smallbiz America

Smallbiz America, a multi-media site for entrepreneurs and small businesses, offers a 24/7 streaming radio channel, a variety of podcasts, as well as blogs, forums and a marketplace or resources for entrepreneurs.
Outright's Kevin Reeth sat down with Smallbiz producer David Wolf, founder of music and audio production company, Crywolf Productions, Inc., for an in depth [...]

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Posted by: Paul O'Brien, May 5, 2009

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  • Related News

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      We’ve been watching the progress of the Patient Protection and Affordable Care Act (AKA the Healthcare Reform Bill), a...
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      A group of senators has written to IRS Commissioner Douglas Shulman complaining about the new 1099 filing requirements, ...
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      A few weeks ago, we packed up our home in Campbell and headed north, braving the risk of freezing temperatures and wind ...
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      ...Well, they asked for it. As we've been following closely here at Outright, one provision of the new healthcare ref...
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      Here at Outright, we’re already expressed our concern over the new Healthcare Bill’s tax reporting requirement that ...
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    Streamlining the work involved with working for yourself, Outright.com will help you pay the right taxes, simplify record keeping, and keep your business on track and growing. Created after watching entrepreneurs struggle to capture business deductions, mileage, and manage contractors. Believing you spend way too much time and effort on the least enjoyable part of your livelihood, Outright's goal is to make it simple; free bookkeeping on auto pilot to get you the right answers, right now.

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