by Michele Cagan | Dec 23, 2016 | Do Your Own Taxes, Get Help When You Need It, Single Mom CPA
“This is the IRS. Records show that you owe a $1,556 tax debt, that must be paid immediately or you could go to court or jail. For your convenience, you can send the funds on an iTunes gift card to this address…” If you’ve gotten a call like that, you’ve been the...
by Michele Cagan | Dec 21, 2016 | Do Your Own Taxes, Personal Finance, You Need to Know This
An Open Letter to Senator Mike Crapo (Chairman) and Senator Robert P. Casey, Jr. (Ranking Member) of the Senate Subcommittee on Taxation and IRS Oversight, and Congressman Kevin Brady, Chairman of the House Ways and Means Committee Please don’t raise taxes for single...
by Michele Cagan | Nov 27, 2016 | Do Your Own Taxes, Personal Finance
No one wants to get audited – and most people don’t. But if you really want to avoid unwanted attention from IRS auditors, you need to know about these 11 red flags in your tax return that may spark their interest. Making more than $200,000 a year: IRS statistics show...
by Michele Cagan | Nov 27, 2016 | Do Your Own Taxes, Owning Your Own Business, Personal Finance, Small Business
Tax audits are among the most common financial fears, but they don’t have to be – especially with your CPA by your side. Truthfully, though, unless you make more than $200,000 a year, your chances of getting flagged for audit are pretty slim. And with IRS budget cuts...
by Michele Cagan | Nov 18, 2016 | Do Your Own Taxes, Personal Finance, You Need to Know This
Millions of Americans have already fallen prey to tax identity theft, and it looks like the problem is growing fast. In fact, one survey found that during the 2016 tax season, nearly 60% of CPAs had at least one client who had fallen victim to this fraud. What’s even...
