by Michele Cagan | Jan 10, 2025 | Making Ends Meet, Owning Your Own Business, Small Business, You Need to Know This
Do you get confused by the disconnect between profits and cash in your business? If so, you’re definitely not alone. A lot of business owners get frustrated by having only one or the other – but not both. Honestly, the whole cash flow vs profit thing is confusing....
by Michele Cagan | Apr 10, 2024 | Owning Your Own Business, Small Business
In honor of the recent release of my latest book, to celebrate the end of tax season, and because I really just want to I am giving away 3 copies of Starting a Business 101. But this isn’t just any old giveaway… If you read my blog regularly, are subscribed to my...
by Michele Cagan | Mar 27, 2024 | Do Your Own Taxes, Owning Your Own Business, Single Mom CPA
This post was originally published on March 11th, 2019. It has been updated to reflect changes in the tax prep checklist of items you need to collect to file your taxes as a business owner, freelancer, contractor, or 1099 worker. When you work for yourself, taxes can...
by Michele Cagan | Jul 20, 2023 | Do Your Own Taxes, Owning Your Own Business, Single Mom CPA
This post was originally published in 2018. It has been updated recently to include new links and the latest information, so you can use these tax breaks as you start your new business. It costs money to get even the simplest business up and running from scratch. And...
by Michele Cagan | Jul 13, 2023 | Do Your Own Taxes, Owning Your Own Business, Personal Finance
Note: This article was originally posted in 2017 but has been updated with more current information. Depreciation is the most confusing part of the full home office deduction, but it can substantially minimize your current tax bill. That’s because when you reduce...
by Michele Cagan | Jul 5, 2023 | Owning Your Own Business
So many people – especially newly divorced single moms and first-time freelancers – end up in tax trouble for one common reason: They don’t realize they need to make estimated tax payments. So if you: Started a business Have a side gig Got unemployment...
