Bill Cosby could be returning to television next year. Read more at http://www.blackenterprise.com/lifestyle/bill-cosby-returning-nbc/?obref=obnetwork
The latest research is one step closer to finding a cure for AIDS by Courtney Connley Researchers at Temple University just revealed some groundbreaking news that is sure to make us all happy. After much hard work, a team of Temple University School of Medicine researchers have designed a way to eliminate the HIV-1 virus from human cells, indicating a […]
Rod Stewart | Santana The Voice. The Guitar. The Songs. August 12th at Fiddler’s Green
Cookbook Author Shares Legacy at Colorado Springs’ Juneteenth There are a lot of traditions, materials things and ideas you can pass from generation to generation according to Mary G. Lancaster, author of “Mary’s Family Cookbook: Leaving a Legacy.” She says, “We all have something. I am not talking about land and money. Those things can be swept away. But not […]
As with any stereotype, some of our peers make it easy for employers and senior professionals to raise a discerning eyebrow, failing to push past average and beyond limitations to go above and beyond for greatness.
Even those of us constantly making boss moves in an effort to upgrade our careers and livelihoods have those moments of laziness—where sloth wins over making power plays.
(My Granny will often scold me in my moments of weakness: “I’m almost 90 and I’m able to wake up early and get things done. Why are you tired?” How embarrassing, right?)
So, whether you just haven’t felt that burst of enthusiasm for anything after college graduation, or you’re in a phase of burnout that’s just lasted way too long, try these five steps to shake it all off:
1. Be sure you’re up to par with your health check-ups. If you’re transitioning from college life to the grown-folk’s arena, you might not have taken the adequate time to focus on your check-ups (especially if mom and dad aren’t making the appointments or reminding you). Put your big girl panties or big boy boxers on, and get those general checkups, STD tests, Pap smears and dental cleanings.
Also, see a counselor, even if there’s nothing wrong. It doesn’t hurt to talk to someone, whether it’s about your latest promotion or how to cope with the stress of finding out what exactly you want to do with your life.
If you’re a young professional (well past your early 20s), whose plight to climb the ladder has left little room for sleep, let alone a doctor’s visit, make time to know where you stand in terms of your health.
2. Add fitness to your daily or weekly routine—even if the thought of it makes you cringe. Not only does it boost your energy, but you’ll look and feel better each day. Schedule in fun activities, whether its taking an hour for gym time or 30 minutes of dancing to your favorite mix in the morning. Schedule this as you would a business meeting or hair appointment.
3. Challenge yourself via games, interesting reading and interactive events with friends. Sometimes those creative juices flow more freely when you’re constantly giving yourself mental and intellectual stimulation. Turn off that T.V. and get into a few video games, books on industry trends or your passions, or travel excursions (local or international.)
4. Make time for learning a new hobby or skill, or relearning something you let go of as a child but want to revisit. I was once an alto saxophone-playing band geek, and I remember greatly enjoying writing and reading music. Relearning the saxophone not only helps take my mind off …read more
Many businesses start off as small home-based small businesses. According to the Global Entrepreneur Monitor Report, 69% of all start-ups in the United States are home-based businesses and 59% of established businesses more than three and a half years old continue to operate as home-based businesses. However, what is often overlooked by these small operations (and those looking to start such a business) is proper tax planning.
According to Meisa Bonelli, Managing Partner of Millennial Tax, a provider of tax services for small/home-based businesses, start-ups and solopreneurs, these same individuals are serial late filers and miss out on maximizing tax benefits that are unique to their type of business structure. To prevent this from happening, she recommends the following seven pieces of advice:
Choose the Right Entity for Your Business. Oftentimes when entrepreneurs look to incorporate, they think of choosing an L.L.C. or S-corporation, rather than consider what structure would be most beneficial from a tax standpoint. “A lot of these entrepreneurs are just looking to be a lifestyle company – between $100,000 and $1 million in revenues. So they have to consider their federal, state and municipal tax implications and their business objectives” advises Bonelli. “Then choose an entity from that standpoint.”
Audit Proof Your Business. Entrepreneurs often do some of the right things from an accounting, but not all of the right things. “It’s either they don’t have a bookkeeping system, they’re not accurately saving receipts or they’re not keeping track of the business activity and that’s some of the core things they have to do to audit proof their business,” says Bonelli. And small businesses in this space are more likely to be audited, especially if they claimed the earned income credit along with any business income. “So they have to make sure their business is audit proof.”
Get a Home Based-Business Tax Professional. There are specific IRS rules and regulations that home-based business owners have to follow – particularly if they’re claiming a home office deduction. “The IRS has documented case law with regards to what these people have to do to solidify their business to be considered a business,” Bonelli states. “Many tax professionals do not know that the IRS has a full publication specifically on how direct sellers need to operate their business so it’s considered legitimate in the eyes of the IRS.”
Get a Second Look. Bonelli says 40% of her clients have approached her after experiencing an error on their taxes. “Per the IRS data book, mathematical errors are the main reason why the IRS will pursue a correspondence and/or field audit,” she says. “You want to make sure that if you feel like you’re paying too much or you’re not sure about your tax professional, I always encourage getting a second look at your tax preparation.”
Tax Planning is Year-Round. When you’re an employee, you just have to look at your taxes once a year, but depending on the corporate entity, there may be quarterly filings required. “So there should be an ongoing, consistent …read more
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