News

Mariette Knoblauch is Here to Make Taxes Less Scary.

I am an accountant, but I wasn't always an accountant, and I know how confusing, complicated, and downright frustrating all this tax stuff can be.
You don't want to deal with all these rules and paperwork. You have a great idea for your business, and you want to design the most awesome hats, serve the most [...]

Posted by: Mariette Knoblauch, February 9, 2010

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 [...]

Posted by: Wray Rives, February 2, 2010

Simple, Non-cluttered, Accessible Bookkeeping

I’m two and a half years out of college with a degree in Political Science and dashed dreams of teaching college thanks to the GRE . In that time I chased down four different jobs and honestly got tired of chasing the next opening in my field. You see, I'm from the non-profit world, [...]

Posted by: Reagan Lynch, November 5, 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 [...]

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

Outright Puts eBay Seller Bookkeeping on Auto-Pilot

Selling on eBay just got a whole lot easier with the release of our Bookkeeping Selling Manager App that manages sellers' books and simplifies tax time.  The easiest way to track and manage eBay financial records, Outright's free, online bookkeeping software imports transaction data from your eBay account, automating transaction records and making everything readily [...]

Posted by: Paul O'Brien, August 19, 2009

Wish you could track who you paid expenses to in FreshBooks?

Well, now you can, thanks to a new Outright.com feature.  Simply start your FreshBooks expense descriptions with @vendor name: and we'll read it correctly and separate who you paid from the rest of the description.
Let's look at an illustration.  Here's a screen shot of the FreshBooks page for adding a new expense. Notice that they [...]

Posted by: Kevin Reeth, May 19, 2009

By popular demand – add your own categories to Outright.com

Many of our customers have been requesting the ability to track income and expenses according to their own categories.  And we certainly understand - the default list of Schedule C categories leaves much to be desired ("Depletion" anyone?)
Today we released the ability to add your own categories.  Just go to the Category Settings page by [...]

Posted by: Kevin Reeth, April 21, 2009