by Michele Cagan | Aug 11, 2021 | Retirement Planning, Saving and Investing, Single Mom CPA
Please Note: This article contains affiliate links. If you click on those links, I may receive compensation. Ready to start investing but not sure how to buy shares in stocks and ETFs (exchange-traded funds)? The process can feel intimidating when you haven’t...
by Michele Cagan | Jun 22, 2021 | Building a Nest, Making Ends Meet, Protect Your Financial Future, Single Mom CPA
Your situation feels impossible: You need to earn extra money to take care of your family. But you feel stuck because you can’t afford to pay for more childcare. So many of us – single moms especially – find ourselves in exactly this position. We...
by Michele Cagan | Apr 17, 2021 | Do Your Own Taxes, Owning Your Own Business, Single Mom CPA, You Need to Know This
Q: When are my taxes due? A: May 17, 2021 is the due date for individual tax returns – Form 1040 – and making 2020 income tax payments. But there are other due dates you may need to know too: April 15: 1st estimated tax payment for 2021 April 15: income...
by Michele Cagan | Apr 11, 2021 | Do Your Own Taxes, Owning Your Own Business, Single Mom CPA
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 | Apr 3, 2021 | Do Your Own Taxes, Owning Your Own Business, Single Mom CPA, You Need to Know This
Did you know that you can deduct 20% of your business income on your personal tax return? You can, thanks to the Tax Cut and Jobs Act (TCJA). The TCJA brought a lot of tax changes for small business owners. And if you’re self-employed, a freelancer, contractor,...
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...
