by Michele Cagan | Apr 24, 2020 | Do Your Own Taxes, Personal Finance, Retirement Planning
Know This BEFORE You Pull Money from Retirement Accounts The CARES Act (aka the Coronavirus Aid, Relief, and Economic Security Act) made it easier than ever to borrow or withdraw money from your retirement accounts before retirement age. And even though most of the...
by Michele Cagan | Apr 1, 2020 | Do Your Own Taxes, News, You Need to Know This
You have questions about the government stimulus checks. Here are the answers you can trust. Who gets a payment? Every adult with a Social Security number who earns no more than the income caps (those in a second) will get an automatic $1,200 payment from the IRS. The...
by Michele Cagan | Apr 24, 2019 | Do Your Own Taxes, Get Help When You Need It, Single Mom CPA
Are you behind on your student loans? Many single moms face this same struggle. When budgets are super tight, student loan payments drop out of the “necessity” column. Because, honestly, those payments aren’t nearly as important as food, clothing, shelter, and medical...
by Michele Cagan | Mar 5, 2019 | Do Your Own Taxes, Owning Your Own Business, Single Mom CPA, You Need to Know This
Got tax questions? I have the answers. All of those confusing changes in the TCJA (Tax Cut and Jobs Act) have led to some unexpected outcomes – like teeny, tiny refunds or surprise tax bills. Plus, the forms that were supposed to be “postcard-simple” are confusing...
by Michele Cagan | Jan 7, 2019 | Do Your Own Taxes, Kids and Money, Single Mom CPA
Updated for Tax Year 2022 You can save more than $2,000 on your tax bill by checking one little box: Head of Household status. That’s why you and every eligible single mom should claim Head of Household (HoH) status… to keep that income tax bill as low as possible....
by Michele Cagan | Oct 19, 2018 | Do Your Own Taxes, Retirement Planning
Note: This post contains affiliate links. If you buy something through one of these links, I may receive a commission. It’s the number one goal in retirement: Making your money last. And one of the best – but too often ignored – ways to do that is to lower your...
