by Michele Cagan | Feb 28, 2017 | Do Your Own Taxes, Single Mom CPA
Even the smallest issue with your Earned Income Tax Credit (EITC) claim gives the IRS a reason to deny your claim or delay your refund. And we single moms have so much going on all the time that it’s easy to overlook things and make mistakes. But one of the most...
by Michele Cagan | Feb 24, 2017 | Do Your Own Taxes, Single Mom CPA
The Earned Income Tax Credit, or EITC, is one of the biggest tax credits you can get, but many eligible taxpayers – including single moms – don’t claim it. People have a lot of mistaken ideas about this highly beneficial tax credit, like it’s only for very poor people...
by Michele Cagan | Feb 22, 2017 | Do Your Own Taxes, Single Mom CPA
If you’re a single mom, you probably want your taxes to be as quick and easy as possible. But that could end up increasing your tax bill – and saving money can be even more important than saving time. Most single moms can’t use the 1040EZ – it doesn’t allow you to...
by Michele Cagan | Feb 21, 2017 | Do Your Own Taxes, Get Help When You Need It, Single Mom CPA
Tax season is in full swing, and the rush to file is on. And every tax season, millions of taxpayers (and many tax preparers) make mistakes. The five most common mistakes aren’t about typing in wrong numbers, math mistakes, or forgetting to include interest income...
by Michele Cagan | Feb 6, 2017 | Get Help When You Need It, Saving and Investing, Single Mom CPA
Single moms may face some serious money problems as the new administration moves to dismantle crucial protective financial reforms. Dodd-Frank, officially known as the Dodd-Frank Wall Street Reform and Consumer Protection Act (I added the bold), came in response to...
by Michele Cagan | Feb 2, 2017 | Do Your Own Taxes, Single Mom CPA
The last thing a single mom needs is to be targeted by the IRS. Even if you end up owing nothing in extra taxes, the hours spent on defending yourself can drain your energy and steal precious time from your work and family. Most people will never get audited, but...
