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If you’re buried in paperwork, alert your employees not to copy you in on everything. Tell them you will ask for information if you need it. Also have employees send “summary updates” about a range of projects on one sheet of paper—or one short e-mail. This will reduce your clutter while enabling you to follow up.
If you handle payroll compliance, beware: As other tax revenue sources dry up, the IRS is hiring 700 new revenue agents whose only job will be to hunt down payroll-law violations. That means intense new scrutiny of your W-2s, 1099s, 1095s and other payroll tax reporting compliance....Click here to find out more.