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Wondering whether you’re in the right career? Try this exercise developed by management consultant Jim Collins. Ask yourself, “If I woke up in the morning and suddenly had $200 million and only five years to live, would I continue doing what I’m doing or change how I spend my time?” Source: Inc.,October 1997.
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.