Do you multi-task? You might say, "Who doesn’t?”. But often multi-tasking gets a bad rap. Read on to see how beneficial it can be for your work environment.
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Could Multi-Tasking Actually Enhance Job Performance?Multi-tasking – switching from one task to another, sometimes rapidly – just might be key to success in many jobs in today's work environment. 
Despite research in recent years concluding that multi-tasking is a drag on productivity and perhaps even dangerous, a lead researcher believes multi-tasking may be getting a bad rap. The popular understanding of multi-tasking -- doing more than one thing at the same time, such as driving a vehicle while dialing a cell phone -- is NOT accurate. The human brain can't focus on two tasks in the same moment. In reality, multi-tasking is shifting from one task to another, often very rapidly.
Time Management: Juggling Multiple Tasks - Practical Multi-tasking We have heard these words for an eternity - "One thing at a time and that done best." However, life does not wait politely until you have completed the task at hand before throwing something else at you. It is sometimes necessary to be able to do more than one thing at the same time. Moreover, by combining compatible tasks, it is possible to achieve a greater productivity. How can you improve your ability to multi-task? What tasks can be combined? How can you identify compatible tasks? Let me first introduce you to a concept called "thought inertia." One thought leads to another through association, leading to the proverbial train of thought. It takes conscious effort to switch the train of thought to another sequence of associations. If you do not keep track of thoughts, it is possible for this train to be derailed making it difficult to pick up the thread again. For more information, click here. Test Your Knowledge Q. Who said: "It has been my observation that most people get ahead during the time that others waste time.” Know the answer? |
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Court advances IRS case against S corporation for underpaying employment taxes 
Background. S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. S shareholders report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates. (Code Sec. 1366) Code Sec. 3111 imposes FICA (social security) taxes on employers for wages paid to their employees. Fact Sheet 2008-25, August 2008 warns S corporations not to attempt to avoid paying employment taxes by having their officers treat their compensation as cash distributions, payments of personal expenses, and/or loans rather than as wages. The instructions to the Form 1120S, U.S. Income Tax Return for an S Corporation, state "Distributions and other payments by an S corporation to a corporate officer must be treated as wages to the extent the amounts are reasonable compensation for services rendered to the corporation.” Read the full story here: For more information on how this will affect your payroll, give us a call at 214.442.5888 |
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