by Michele Cagan | Jun 14, 2018 | Do Your Own Taxes, Managing Debt, Retirement Planning, Saving and Investing
You’re sitting on a pile of cash… and you really need that money now. You’re struggling with debt, having a hard time making ends meet, and that 401(k) money is just sitting there, locked away for the next 20 (or 30 or 40) years. At first glance, it makes sense to tap...
by Michele Cagan | Apr 2, 2018 | Do Your Own Taxes, Get Help When You Need It, Single Mom CPA
A lot of single moms get freaked out by the thought of doing their own taxes. All the rules and forms and schedules feel confusing and overwhelming. And the fear of getting it wrong and getting in trouble with the IRS drive a lot of women to professional tax...
by Michele Cagan | Mar 26, 2018 | Do Your Own Taxes, Personal Finance, Retirement Planning
UPDATED FOR 2019 I’m a big fan of Roth IRAs: They offer the most flexibility and best future tax advantages for retirement money… Earnings are never taxed You can withdraw your contributions at any time without penalty You don’t have to take the money out after...
by Michele Cagan | Feb 19, 2018 | Do Your Own Taxes, Personal Finance
You won’t know it’s a problem until you try to file your tax return and it comes back INVALID – but tax identity thieves may have already targeted you. Every year, they come up with new ways to steal your Social Security number and grab a tax refund in your name....
by Michele Cagan | Feb 9, 2018 | Do Your Own Taxes, Single Mom CPA
If you paid a lot of medical bills in 2017, you may get a bigger tax break this year. The new tax law includes a retroactive change to the rules for medical expenses that makes it easier to deduct them (if you itemize your deductions). The old rule: You could only...
by Michele Cagan | Feb 9, 2018 | Do Your Own Taxes, Single Mom CPA, You Need to Know This
There’s been a lot of talk about all the changes coming next tax season – but first you’ll have to get through this year’s tax return. To help you get started, here are six things you need to know about your 2017 tax return. April 17, 2018 is the due date for your...
