by Michele Cagan | Feb 17, 2017 | Do Your Own Taxes, Personal Finance, Retirement Planning, You Need to Know This
UPDATED FOR 2021 Most people have no idea they could shrink their tax bills by up to $1,000 extra. But it’s actually very easy. Plus, it’s in the form of a tax credit – called the Saver’s Credit – that benefits you twice. First, this is a tax credit, not a tax...
by Michele Cagan | Feb 17, 2017 | Do Your Own Taxes
UPDATED FOR 2021 When you’re doing your taxes, you probably focus on your taxable income and income tax due. But there’s another really important number to look at, and it determines a lot about your tax bill. That number is called adjusted gross income, or AGI. AGI...
by Michele Cagan | Feb 17, 2017 | Do Your Own Taxes
It’s official – it’s tax season. I’m crazy busy. And I want to make sure you have all the information you need to pay the absolute minimum in taxes this year. Over the next two months, I’ll be posting dozens of tax tips, all designed to keep your tax bill low, reduce...
by Michele Cagan | Feb 15, 2017 | Do Your Own Taxes, Personal Finance
Lower your income tax bill by taking advantage of every single deduction you can… and that includes some rarely-used but totally legit tax breaks that can put more money back in your hands. Each of these little-known deductions comes with its own set of twists and...
by Michele Cagan | Feb 2, 2017 | Do Your Own Taxes, Single Mom CPA
The last thing a single mom needs is to be targeted by the IRS. Even if you end up owing nothing in extra taxes, the hours spent on defending yourself can drain your energy and steal precious time from your work and family. Most people will never get audited, but...
by Michele Cagan | Feb 1, 2017 | Do Your Own Taxes, Single Mom CPA
Download this FREE tax checklist to stay organized and prepared for tax season.