by Michele Cagan | Jan 12, 2022 | Do Your Own Taxes, Personal Finance, Single Mom CPA, You Need to Know This
I just sent out reminders to my clients that estimated tax payments are due again. And I got back a lot of panicky emails and requests for help. This is despite the fact that they’ve been making their estimated payments all year round, often with an assist from me....
by Michele Cagan | Nov 24, 2021 | Do Your Own Taxes, Get Help When You Need It, You Need to Know This
You may think you don’t want an IRS online tax account… but you definitely do. The IRS is seriously messed up right now – worse than I’ve ever seen. They’re hard to reach. Many agents aren’t helpful… and some are downright nasty. So having an Online Tax...
by Michele Cagan | Nov 9, 2021 | Do Your Own Taxes, Personal Finance, Retirement Planning, Saving and Investing
If you’re trying to save money for retirement, you’re probably familiar with IRAs – individual retirement accounts. IRAs come in two flavors: traditional and Roth. Both can help you save for retirement, but there are some crucial differences between...
by Michele Cagan | May 15, 2021 | Do Your Own Taxes, Personal Finance
Afraid to file your tax return because you owe money you can’t afford to pay? Big unexpected tax bills can set off your panic button… but you don’t have to worry about paying your taxes. This situation is easier to handle than you think, especially when you take...
by Michele Cagan | Apr 17, 2021 | Do Your Own Taxes, Owning Your Own Business, Single Mom CPA, You Need to Know This
Q: When are my taxes due? A: May 17, 2021 is the due date for individual tax returns – Form 1040 – and making 2020 income tax payments. But there are other due dates you may need to know too: April 15: 1st estimated tax payment for 2021 April 15: income...
by Michele Cagan | Apr 3, 2021 | Do Your Own Taxes, Owning Your Own Business, Single Mom CPA, You Need to Know This
Did you know that you can deduct 20% of your business income on your personal tax return? You can, thanks to the Tax Cut and Jobs Act (TCJA). The TCJA brought a lot of tax changes for small business owners. And if you’re self-employed, a freelancer, contractor,...