Outsourced Bookkeeping Solutions

10/20/2026

📢 Social Security is getting a raise in 2027 — but there’s something business owners should know, too!

The Social Security Administration just announced a 3.6% cost-of-living adjustment (COLA) for 2027, giving retirees an average increase of approximately $75 per month.

But here’s the part that matters for business owners:

💰 The Social Security taxable wage limit is also increasing, from $184,500 to $192,300.

That means higher-earning employees (and their employers) could be paying more in Social Security taxes next year.

It’s a good reminder that year-end planning isn’t just about closing out your books. It’s also about preparing your payroll for what’s coming.

At Outsourced Bookkeeping Solutions, we keep an eye on the numbers so you can focus on running your business.

🌐 www.outsourcedbs.com

10/14/2026

📣 1099 season will be here before you know it!

Good news for business owners: The 1099-NEC reporting threshold has increased from $600 to $2,000 for 2026!

But don’t let that fool you into putting off your year-end prep. Now is the time to review your vendor payments, figure out who will need a 1099, and start chasing down those missing W-9s.

Trust us, nobody wants to be tracking down contractors for tax information in January!

A little preparation now makes for a much smoother year-end.

10/10/2026

🍂 FINISH THE YEAR STRONG | WEEK 1
Reconcile Now, Not in January!

We’re officially in the final quarter of 2026, and if your books aren’t reconciled through September, now is the time to catch up!

Here’s something a lot of business owners don’t realize: Just because your bank balance looks right in QuickBooks doesn’t mean your books are accurate.

Missing transactions, duplicate entries, incorrectly categorized expenses, and even unauthorized charges can go unnoticed without regular reconciliations.

And those little discrepancies? They have a way of turning into much bigger headaches when tax season rolls around.

Our tip for this week: Take a few minutes to review your bank, credit card, and loan accounts. Make sure everything is reconciled through September 30 and investigate anything that doesn’t add up.

The sooner you catch an error, the easier it usually is to fix.

Good bookkeeping isn’t just about getting your taxes done. It’s about knowing where your business stands so you can make better decisions all year long.

That’s what we’re here for!

📍 Outsourced Bookkeeping Solutions | Lewiston, Maine
🌐 www.outsourcedbs.com

09/28/2026

 Outsourced Bookkeeping Solutions Helping individuals and small businesses manage their finances.Schedule a Free Consultation Today No matter how big or small your accounting needs are, we would be proud to help you get there. Our Services   bookkeepingReconciling bank and loan statements on a mon...

08/29/2026

06/22/2026

Come on down to 550 Lisbon St in Lewiston to apply!

05/07/2026

Have you been thinking about Invisalign? This is the perfect time to start your smile transformation. With Invisalign aligners you are able to eat the foods you love in the summer without worrying about popping a wire or bracket. Hygiene is so much easier as well.
Call our office and schedule your appt. for digital scans and see what your smile can look like in less than a year.
We have competitive pricing and financing options available.
We would love to see your smile.
207-376-4977

04/24/2026

Come and browse the AOS Outlet for Discounted & Discontinued items available for a limited at Affordable Office Solutions, Lewiston Maine.