Here’s news you can use in a constantly changing business environment including tax implications if you get paid via app, deductions for the self-employed, how to reduce the stress of difficult discussions and more.

1. New tax rule might apply to you — A new IRS rule took effect on January 1, 2022, that requires payment apps such as Venmo and PayPal to report business transactions that total more than $600 for the year. Learn how the change could affect your taxes.
2. Deductions for the self-employed — Those who run a small business or do contract work can reduce their tax burden by taking advantage of all the write-offs to which they are entitled. Explore some of the top tax write-offs available to the self-employed.
3. Why well-intentioned DEI initiatives fizzle out— Lack of support and unnoticed implicit bias are two reasons diversity, equity and inclusion (DEI) programs get derailed. Discover more reasons DEI programs fail and how to prevent it.
4. A huge security gap — There are large discrepancies between what bosses think about about organizational cyber resilience and the views of their information security personnel. Yet waiting for a breach in order for the executives to pay attention to cybersecurity isn’t a desirable option. Find out how to prepare for a ransomware attack or other cyber incident.
5. Reduce the stress of difficult employee interactions — Avoid grouping your tough discussions all in one day. Instead, space them out and do a little bit each day. Find out why this works and get more tips for developing the courage to have the hard discussions that come with leadership.

Thank you to our Friday Five sources: CBS58/CNN, The Street, Fast Company, ZDNet, and Inc.

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