Don’t Be Taxed This Season

taxedAre you feeling the stress of another tiring, tough and downright taxing season?    Tax season doesn’t have to be stressful and overwhelming.  Here are five strategies to help you manage:

Be positive: Your mental health and state of mind have a significant effect on your professional and personal life.  It has been well documented that people with a positive attitude are more upbeat and peaceful.  Even during tax time, you can choose to be positive amongst the chaos of the season.

Take Breaks: You can’t work 24/7 (nor should you want to!).  It is important to take breaks and time for yourself.  It could be as simple as stopping for a cup of tea, walking your dog or going to the gym. Make sure you take breaks, so you ultimately don’t break down.

Organize:  Start organizing your office, computer files and folders to be more productive.  If you are making payroll and payment runs during the same day or week, try batching your payments.  Payment batching will help keep you organized and save you time with simplified bank reconciliation.

Prioritize:  Think short term and prioritize all tasks.  Decide what must be done today and this week. Write down due dates and schedule work time.  Make sure you prioritize your tasks, so you do not get overwhelmed.  Telpay’s Holiday Funding Calendar can help you prioritize your payment dates by making sure your payments and payrolls are sent out on time in the midst of a busy tax season.

Don’t a hero:  It can sometimes be hard to delegate responsibility and tasks, especially if you are the sole proprietor or the go-to-person in your office.  Although you look awesome in your super hero cape, there is no shame in taking a hero holiday.    

Don’t be afraid to ask for help!

With tax time in full swing, we hope these strategies will help you survive and thrive in your business.  The end is near!  Soon, you will be free to shift from an office to a patio.