by Michele Cagan | Mar 15, 2017 | Do Your Own Taxes, Owning Your Own Business, Personal Finance
Click here to download the PDF for printing or full screen viewing. Want to find more ways to save on your taxes? My book Taxes 101 explains the ins and outs of the tax system and show you how you can make it work to your advantage. This comprehensive guide walks you...
by Michele Cagan | Mar 15, 2017 | Do Your Own Taxes, Owning Your Own Business, Personal Finance, Small Business
[pdf-embedder url=”http://michelecagancpa.com/wp-content/uploads/2017/03/Worksheet-1-2.pdf” title=”Business Income Worksheet”] Click here to download the PDF for printing or full screen viewing.
by Michele Cagan | Mar 7, 2017 | Do Your Own Taxes, Personal Finance
With all of the forms, and papers, and numbers, it’s very easy to make a mistake on your income tax return – it happens all the time. Sometimes it’s a missed signature, sometimes it’s a miscalculated tax credit, and still other times it’s a number typed in wrong. In...
by Michele Cagan | Mar 3, 2017 | Do Your Own Taxes, Personal Finance
Don’t ignore it. Don’t throw it out. And, most importantly, if you get a letter from the IRS about your Earned Income Tax Credit (EITC), don’t panic. The first thing to do is read the letter – it has all the information you need to clear up whatever the issue is...
by Michele Cagan | Feb 28, 2017 | Do Your Own Taxes, Managing Debt, Personal Finance, You Need to Know This
UPDATED FOR 2021 If you’re paying down a student loan, you can deduct up to $2,500 of the interest on your tax return – and you don’t even have to itemize to get that deduction. And while there are limits how much you can deduct, millions of Americans can...
by Michele Cagan | Feb 22, 2017 | Do Your Own Taxes, Personal Finance
It’s tempting to use the (almost always) free and super easy tax form choices – 1040EZ and 1040A – but using them could make your tax bill higher than it needs to be. If you have a very simple tax situation – single, no kids, a W-2 job, a little interest income, for...
