TAXES . . . Can You Deduct Your Greatest Business Expense?
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April 15th is TAX Day. How many deductions can you come up with? What else can you write off? Are there any hidden cracks or loopholes you've missed? How about E-mail? Think about it! What does e-mail actually cost you? Figure it out . . . .
April 15th is TAX Day. How many deductions can you come up with? What else can you write off? Are there any hidden cracks or loopholes you've missed? How about e-mail? Think about it! What does the time you spend on e-mail actually cost you in hard dollars?
Unfortunately, e-mail is not a write-off, although it might just be your greatest expense!
How Much is That E-mail in the Window?
What did you spend on e-mail last year? Figure it out: Divide your yearly salary by 120,000 to get your per-minute wage. Next, determine the average number of e-mails you process each day. Assuming each e-mail takes you an average of 2-minutes, and you go through 100 e-mails per day, then you are spending 200 minutes per day on e-mail. That's 3.3 hours! Now, multiply this number by your per-minute wage to find out how much e-mail cost you last year.
What's it Worth?
A person earning $100,000 per year, working through 100 e-mails per day, is "spending" $833.33 per week, or $41,666 per year, on e-mail. Is it worth it? YOU decide!
The Solution.
Unsubscribe. Get off the cc-list. Control your urge to check e-mail all day long! Make sure your expenses bring value to your bottom line!
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Dear Orna: My plate is full but my boss always hands me additional projects. I always say YES because I don't want him to think I'm incompetent. How can I say NO without sounding like a loser? Signed: BURNED OUT
Dear BURNED OUT: Too many people today are paranoid about losing their job so they are afraid to say: "No!" to their boss. But keep in mind, if you're stressed out and burned out, the quality of your work will suffer . . .
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"Always wear clean underwear," said Mom. Advise as relevant in 1915 as it is in 2015!
Listen up if you use Facebook or Instagram . . . this one's for you! What was literal in 1915 applies to your virtual and digital underwear in 2015. You never know who will be following you online and making quick assumptions about your values and perspectives - so be careful . . .
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The "Luck o' the Irish" has rubbed off on Corporate America. Companies have discovered that being green increases revenue, attracts the best talent, keeps employees happy and results in a better world.
So what do UPS, Google, REI and Smart MBAs have in common? They value the green . . .
