by Michele Cagan | Apr 11, 2017 | Do Your Own Taxes, Personal Finance, Retirement Planning, Saving and Investing
It’s not too late to make your IRA contribution for 2016, whether you go with the tax-deductible traditional IRA or the Roth IRA (which is not deductible this year but offers many other advantages). In fact, you have until Monday, April 18 to contribute – and, if...
by Michele Cagan | Apr 3, 2017 | Do Your Own Taxes
UPDATED FOR 2021 Can I deduct my mortgage insurance? Can I deduct the points from refinancing my mortgage? Can I have a 401(k) AND a Roth IRA? What’s the difference between a tax deduction and a tax credit? Question: Can I deduct my mortgage insurance? Answer:...
by Michele Cagan | Mar 30, 2017 | Do Your Own Taxes, Kids and Money, Single Mom CPA
Putting someone – including yourself – through college can put a major dent in your finances. But a very generous tax credit can put a big chunk of change back in your pocket. The American Opportunity Tax Credit, or AOTC, can chop $2,500 per student off your tax bill....
by Michele Cagan | Mar 28, 2017 | Do Your Own Taxes, Personal Finance
It’s almost April 18 (this year’s due date), and your taxes aren’t even close to being done. But what if you don’t have all the information you need to complete your tax return? Or what if you just haven’t had time to sit down and do it? There’s a quick and easy...
by Michele Cagan | Mar 28, 2017 | Do Your Own Taxes, Get Help When You Need It, Single Mom CPA
The due date for your income tax return is coming up…fast. But what if you don’t have all the information you need to complete your tax return? Or what if you – like many single moms – just haven’t had time to sit down and do it? Luckily, there’s a super easy fix to...
