Now that the first round of new year’s resolutions have been broken, it’s time to make a few more resolutions with the hope they will stick. As my mother always says, anything is possible in January. So here are a few more ideas.
Change all of your passwords. Cybersecurity and identity theft is real, occurs every day, and is preventable. Being in the online era, so much valuable, sensitive information is online, whether you put it there or not. Protect your information. Make sure to use different passwords for each account and write down or manage your passwords so you can remember them later. Online resources can create password generators, password management, and other tools to protect your login information. Also put a note on your calendar to change your passwords every three months.
Start thinking about taxes NOW. This is almost as unpleasant as passwords, but even more necessary. If you can provide your accountant with your files or start organizing your files earlier than later, your accountant or yourself may find more tax deductions than prior years. By reducing the stress and time crunch of tax season, you can deal with this annual chore with more grace than grimaces.
Expunge old arrests and criminal charges. If you have ever been arrested, investigated, detained, or convicted of a misdemeanor or felony in the state of Utah and meet specific qualifications, you can have your record sealed. A sealed record is a court record that the public – and employers – cannot view or copy. Ask your attorney for more information or search on the Utah Courts website (utcourts.gov) to find out if and how to expunge your records.
Organize your business. January and February can be slower months for businesses. This sigh of relief and calm may reduce revenue, and it can provide time for other business tasks. City licensing fees, state licensing fees, and professional organization fees can be scheduled or paid. If you are a corporation, hold your annual meeting. Review your professional liability insurance policy. Consider renegotiating vendor contracts. Reflect on your last year of business and look for ways to increase revenue. Or you can take your much-needed break from the onerous tasks of business management and go on vacation so you are recharged and ready to go when you return.
Meet with a lawyer about that important legal issue. You know the one. You thought about it in November, but then Thanksgiving and the holidays came up without time to blink. Now is the time. Are you concerned about that boundary line? Want to start a new business but not sure where to begin? Thinking of hiring employees? Has your ex-spouse’s income changed? Do you need to get your estate in order? Your lawyer is refreshed from the holidays and has already, hopefully, created their own New Year’s resolutions.
Disclaimer: All materials in this article are prepared for general information purposes only to permit you to learn more about legal concepts. The information presented is not legal advice, is not to be acted on as such, may not be current, and is subject to change without notice.