by Michele Cagan | Mar 3, 2021 | Do Your Own Taxes, Owning Your Own Business, Personal Finance, Single Mom CPA
If you’re self-employed, work as a freelancer or contractor, or have a side gig, you are a business. And that means you’ll need to fill out Schedule C as part of your federal income tax return. When you use Schedule C, you can deduct business expenses...
by Michele Cagan | Nov 27, 2020 | Owning Your Own Business, Single Mom CPA, You Need to Know This
If you’re ready to apply for PPP (Paycheck Protection Program) loan forgiveness, WAIT. As it stands right now, getting forgiveness for your loan could end up costing you more money in taxes. And unlike the super low-interest loan that can be paid back over time, the...
by Michele Cagan | Nov 14, 2020 | Get Help When You Need It, Managing Debt, Owning Your Own Business, Single Mom CPA
Letting it slide can cost you a lot of money You’re crazy busy. Running a business, pursuing your passion, focused on growing your company… and at the same time taking care of your home and family. You mean to deal with all the bookkeeping stuff, but it just keeps...
by Michele Cagan | Sep 8, 2020 | News, Owning Your Own Business
The Payroll Tax “Holiday” Comes Due Next Year You’re may be getting bigger paychecks now that the President’s “payroll tax holiday” has started. If you are, you need to prepare yourself for a big drop in pay starting on January 1, 2021. That’s because the payroll tax...
by Michele Cagan | Jul 21, 2020 | Owning Your Own Business, You Need to Know This
They keep changing the rules – these are the latest Updated September 2020 Back when PPP (Paycheck Protection Program) loans first came out, there was a ton of confusion… and there still is. The rules have changed a bunch of times, and there’s legislation floating...
by Michele Cagan | May 9, 2020 | Do Your Own Taxes, News, Owning Your Own Business, You Need to Know This
How to use the money for maximum loan forgiveness Updated September 2020 PPP (Payroll Protection Program) loan confusion has hit hard. Small business owners and self-employed people are scared to use the money the wrong way – but the rules have not been communicated...
