by Michele Cagan | Jun 26, 2025 | Owning Your Own Business, Small Business, You Need to Know This
When you’re just starting a business, your to-do list feels miles long. You need to create products or services to sell, set prices, advertise, attract customers, and actually do the work. So opening a separate business bank account, especially in the very early days,...
by Michele Cagan | Mar 6, 2025 | 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 | Feb 19, 2025 | Do Your Own Taxes, Owning Your Own Business, Single Mom CPA, Small Business, You Need to Know This
More and more people – especially single moms – are working multiple jobs or side gigs to make ends meet. But not all of those jobs come with a “normal” paycheck, the kind with taxes taken out. And that’s why you need to know about self-employment...
by Michele Cagan | Jan 30, 2025 | Do Your Own Taxes, Get Help When You Need It, Owning Your Own Business, Small Business
Does dealing with your business accounting make you nauseous? Do you avoid looking at your business numbers until you absolutely have to, like at tax time? If so, you could be undermining your company’s financial success. The solution: Take the stress out of dealing...
by Michele Cagan | Jan 23, 2025 | Get Help When You Need It, Owning Your Own Business, Small Business, You Need to Know This
For almost all small businesses – especially startups – the answer to the question of “should I hire a bookkeeper?” is “absolutely, yes.” While bookkeeping seems easy, it’s very easy to mess up if you don’t fully understand accounting principles. And while most...
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....
