Stephen Souky

Experienced Professional

Archive for the month “November, 2015”

Stephen Souky – How to Maximize Family Time

With the amount of work parents have to handle at home and at the workplace, there seems to be less and less time for them to spend together with their children. Having to do the dishes, laundry, cook food, clean the house and other household chores take up a considerable amount of time. According to the Bureau of Labor Statistics, women spend only slightly more time doing household chores than men. Stephen Souky is a committed family-man and makes sure he spends quality time with his family. Here are some tips you can use to maximize family time.

Create a To-Do List

Instead of just creating a normal to-do list, innovate by creating three categories; Do, Don’t, and Delegate. Stephanie Vozza, the author of The Five Minute Mom’s Club says, ”There’s always one thing on your to-do list you know you’re not going to do. Cross it off,” If you can’t do something, you might want to delegate it to someone else. She also recommends drawing happy faces next to things you like doing, and dollar signs next to things that could save you money. She believes that these visuals will help you why things matter.

Use Your Resources

Take advantage of what you have. If you have a babysitter working at your home, you might want to ask her to prep dinner, restock the diaper bag, or pick up the toys. Check if your dry cleaner can pick up and deliver clothes to your home. You might also want to combine different errands into one to save time.

Get the Kids Involved

A great way to spend more time with the kids is to get them involved in doing things. Turn chores into bonding time with your kids. Teach your kids to pick up the toys and put it in a toy basket. You might want to create a “clean up” game where your kids play together with you in helping clean up the room. Be creative like singing a song as you clean up or playing who can pick up more stuff in a minute.

Stephen Souky believes in creating unique chores that allow him to spend more time with his family.

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Stephen Souky – Important Youth Basketball Coaching Tips

Being a basketball coach is a tough job, especially when you have to give your team the right training and strategies to come up with a victory each time. Stephen Souky is an ardent basketball fan and is the President of Niskayuna Girls Travel Basketball and AAU programs. Here are some tips you can use if you are a basketball coach.

Level

When you start coaching a basketball team, you must remember that all players start at Level 1 no matter how old they are. Depending on their age and skill they will progress through the different levels. Generally, Level 1 is for seven to ten-year-olds. Many high school and college basketball coaches start with Level 1 every year; however, they quickly progress through the levels and move on to the other levels. The most important thing in building a basketball team is to build a strong foundation.

Important Points to Teach Your Team

Layups – Practice layups as much as possible with both hands. Your aim should be to get all your players to make layups with both their hands equally. Every player needs to know how to jump off the proper foot. If they are shooting off their right leg, they should shoot a left-hand layup, and vice versa.

Footwork – Teach your team triple threat positioning, to pivot on their left and right foot without traveling, and how to square to the basket when they catch the ball in a triple threat position.

Ball Handling – Every player on your team should know how to dribble with their right hand and left hand equally. Speed dribble, protect-the-ball-dribble, crossover, and back-up-dribble are all important and you should make sure your team know how to execute them perfectly.

Stephen Souky is a basketball fan and has been playing the game since he was little.

Stephen Souky – Save Money with These Last Minute Income Tax Tips

Stephen Souky holds a Bachelor’s Degree in Accounting from State University of New York, Fredonia, and has experience in income tax issues. According to research one in four Americans waits until the last two weeks before filing the IRS reports. Waiting for the last minute to file your IRS report is not a good idea and it increases your chance of making mistakes. Here are some last minute income tax tips you can use to save money.

Get Organized

Before you start filling any forms, gather all the information you need such as income and deduction information, social security numbers, including your last year’s returns. You will need W-2s and 1099s for income, including a Form 1099-INT if you have received interest from the bank. To deduct interest paid on your home loan, you might want to use Form 1098, Mortgage interest Statement. Receipts from donations, purchases, health care, payment for business, education, child care, and retirement saving contributions should all be kept ready before you start filing.

Decide Who

Decide who is going to file your taxes. Are you going to do it yourself, or are you planning on hiring a professional tax preparer to help you? If you earned less than $53,000 in a year, you could qualify for the free in-person preparation of basic tax forms via The Volunteer Income tax Assistance program (VITA). If your income is over $60,000 you could use the IRS Free File website offer to file your returns.

Don’t Rush

When filing your tax returns, it is best to take it slowly and not to rush. Mistakes can be costly, so it’s best to start early and avoid any last-minute filing. Stephen Souky recommends preparing the necessary paperwork well in advance to avoid any costly mistakes.

Stephen Souky – Why Corporates Should Get Involved in Community Service

Stephen Souky believes that community service could be just as beneficial to a business as it is to individuals. Over the last several years, there has been a growing interest in corporations and businesses in the area of community service, or corporate social responsibility (CSR). The interest originates from the community, employees, customers and job seekers. For individuals, community service and philanthropy can have a significant impact on their lives, even improving their health.

Job Seekers and Community Service

Over the last couple of years, job seekers have begun to take an interest in a company’s CSR policy before applying for or accepting a job. In the corporate world, this could mean getting the best-qualified candidates to work for you based on your CSR policy. People are looking for companies that have a keen interest in the community.

According to a study conducted by PriceWaterhouseCoopers, 86% of generation Y applicants said that they would resign from their jobs at a company if the CSR projects started to decline. Studies have shown that volunteerism in the workplace is making a huge impact on employee retention and recruitment, and this will only become more prominent as generation Y moves up the corporate ladder.

Employees and Community Service

Many businesses and corporations have adopted a CSR policy and have created various opportunities to get their staff involved in community service projects. The kind of community service organized by the company makes the employees feel proud about working there and making a difference in the community.

Volunteering for community service helps promote and build a positive culture in the company and greatly influences teamwork in the workplace. The greater the number of volunteers, the bigger the impact a company can make in the community. Volunteering for community service helps employees gain additional skills that can be used outside the workplace.

HP is a great example of how volunteerism can boost job satisfaction. The company’s work with “A Billion+ Change” has led to over 1.6 million hours or volunteer work, and employee job satisfaction had risen from 60% to 70% in a matter of two years.

Customers and Community Service

With the increase in the use of social media, customer perception has a massive impact on a company’s brand. People aren’t just taking into account the products and services provided by a company, but also what community service the company is involved in. A classic example of a company that works with customers is The Walt Disney Company. It has a great reputation for working together and giving back to the community. Philanthropy and volunteerism have always been part of its company policy and culture, and the company has showed true interest in helping people improve their lives.

Stephen Souky is an experienced accountant and the President of the Niskayuna Girls Travel Basketball Team.

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