BUSINESS-RESOURCE OPPORTUNITIES, SELF IMPROVEMENT, PROSPECTING, CLOSING, TRAINING, LEADS

1. If you do not file by the deadline, you might face a failure-to-file penalty.

2. If you do not pay by the due date, you could face a failure-to-pay penalty.

4. The penalty for filing late is usually 5 percent of the unpaid taxes for each month or part of a month that a return is late. This penalty will not exceed 25 percent of your unpaid taxes.

5. If you file your return more than 60 days after the due date or extended due date, the minimum penalty is the smaller of $135 or 100 percent of the unpaid tax.

6. You will have to pay a failure-to-pay penalty of ½ of 1 percent of your unpaid taxes for each month or part of a month after the due date that the taxes are not paid. This penalty can be as much as 25 percent of your unpaid taxes.

7. If you filed an extension and you paid at least 90 percent of your actual tax liability by the due date, you will not be faced with a failure-to-pay penalty if the remaining balance is paid by the extended due date.

8. If both the failure-to-file penalty and the failure-to-pay penalty apply in any month, the 5 percent failure-to-file penalty is reduced by the failure-to-pay penalty. However, if you file your return more than 60 days after the due date or extended due date, the minimum penalty is the smaller of $135 or 100% of the unpaid tax.

9. You will not have to pay a failure-to-file or failure-to-pay penalty if you can show that you failed to file or pay on time because of reasonable cause and not because of willful neglect.

Goals keep us motivated. But sometimes, people find it too hard to achieve their goals. Maybe because they have set long-term goals before setting short-term ones, or they did not plan their goals carefully.

Goal-setting strategies are important especially for those who want to achieve long-term goals. Here are five goal-setting techniques to help you realize them.

1. Start with short-term goals that will lead you to long-term ones. Sometimes, people start with short-term goals unconsciously. Why unconsciously? Some of them may have considered the goals to be long-term at the time they planned them; and after achieving a goal, they realize that they are in fact, looking forward to a longer one. Some are contented with their short-term goals, but after a while will realize that they also need to attain long-term ones. Short-term goals seem to be our set off for longer ones. They will motivate the person to plan for longer goals, which will usually take some time before achieving them in full.
2. Make sure you really want the goal. By this, you have to ask yourself: “Do I really want this goal? Will this goal give me a better life?” Answering these questions will give you more passion to achieve your goal. Some people recall their past to find out why and how they came up with such goal.
3. Speak up. By this, it means you shouldn’t keep your goals to yourself only. Sharing your goals could help you get the support you may need from others. Some people are too shy to tell others about their goals for reasons like they are afraid they cannot achieve these in the end, or they lack the courage to speak up their minds. This is not a good habit because when the time comes that you really need their support, you will have a difficult time to get such support. You will then have to achieve your goals all by yourself. Also, sharing the fruits of your goals is uplifting to the mind and spirit.
4. Write down your goals. This strategy is more advisable for those who have a long list of goals. After writing them, it is advisable to review them because this will encourage you to achieve them.
5. Stay on track and don’t give up. Reviewing notes will help open your mind to see if you are on the right track. While on track, you may have to face challenges that might change your personality. A person who is overconfident might suddenly feel depressed after finding out that he is going the wrong way in achieving his goal. Thus this might lead to abandoning the goal. Never be discouraged. Facing obstacles is a test on how passionate one is to realize his goal.

They say that time is much more important than wealth.  Most effective people think so. They know how to get more time in a day, and they have mastered the art of utilizing time effectively to do more productive things that contribute to their advancement or success. So how do they do it?

Proven Technique Number 1 - They delegate and assign simple routinary tasks to other people so that they can have more free time to do as they please.

This is very elementary but of great significance. If you have the money, hire people to do the housework, the repairing, and even some of your office jobs.  Let others do the research. But of course, you have to reward them accordingly so they will get motivated to render their services again.

You can then focus on the more important things in life, like planning and managing your activities.

Proven Technique Number 2 - They plan seriously.

The less time you think you have, the more critical it is for you to plan. By planning carefully, you’ll be able to manage your time better and avoid costly mistakes that eat up much more of your time.

You might say that you’re so busy you don’t even have time to plan.  Maybe you can insert some time planning while doing your other activities. The planning phase is very important in organizing your thoughts to carry out the desired effects.

You might say that this is boring stuff, but you should never underestimate this process.  This is like a guideline to steer you into the right direction.

Your plan will be your road map.  Spend enough time to ponder through the different approaches and activities, and you will soon realize that you can save a lot more time by doing this.

It will be best if you can choose a quiet place to make your plan.

Your mind can focus and think more clearly this way.

Every individual has his unique perception of a well-made plan.  There are no specific rules in making it.  But in case you’re in a tight situation, let me give you some tips.

• Write down your objective.  This is a precise definition of your target.
• Brainstorm the strategies & tactics you will employ to accomplish your objective.
• Assess the advantages & disadvantages of carrying out those strategies & choose those tactics where the pros outweigh the cons.
• Set a time-line or deadline in completing your mission.
• Make modifications & back-up plans in case Plan A doesn’t work.
• As your plan evolves, you will gain experience.  Learn from your mistakes.

Most important of all, don’t delay. Start applying what you have learned today, and have lots of great time!