Take The Power Back

At times, leaders may feel powerless when expectations are too high. It seems there aren’t any options and things are out of control. However, “leaders who take back their power by choosing to think or act differently about a situation… find that they’ve freed up emotional space to focus on things that are most important to them and their organizations.”

Businesses Need More Than Data To Make Decisions

It doesn’t matter how much data a company has if there isn’t a human component involved. That is, in order for businesses to make effective decisions, their data needs to be interpreted by people, not just computers. “Despite the power of technology…, human expertise is important in business intelligence; it takes expertise to know what data is important and how that information should be packaged.”

IRS Robo Audit Only Snags Little Fish

The IRS uses robo-audit technology to help find $400 billion in unpaid taxes each year. Accounts are screened online, but so far the IRS has only been able to sniff out low-income tax cheaters.

Retiring Senator Max Baucus Pushes Tax Reform

“Baucus said Tuesday that his unexpected decision to forgo reelection in a conservative state would allow him to pour his efforts into a broad overhaul of the tax code.”

Homes Sales Dip As Demand Drops

“Last month’s dip in existing-home sales may signal that the recovery in sales has hit a lull that only higher prices can cure.”

Start Doing, Stop Innovating

No doubt innovation is what sets your business apart from the rest. However, innovation alone doesn’t pay the bills. There’s other stuff that needs to get done. This “means packaging, selling, delivering and collecting the money to increase revenue and profits.”

Decline In IRS Staff Leads To Fewer Audits

“The Transactional Records Access Clearinghouse (TRAC), reports that the IRS plans to expend 18% fewer staff hours auditing large businesses with assets of more than $10 million in fiscal year 2013 (which ends Sept. 30) than it did in FY 2011.”

Audits Show SEC Needs To Better Protect Data

“Sensitive non-public information could be compromised if the U.S. Securities and Exchange Commission fails to take additional steps to improve its internal controls, an agency watchdog has found.”