by Michele Cagan | Jun 10, 2021 | Owning Your Own Business, Small Business
Keeping up with your business books keeps getting shoved to the bottom of the list. You have so much to do, that accounting just doesn’t feel like a priority… at least not until tax time. But making sure your accounting is up-to-date all the time will help...
by Michele Cagan | May 27, 2021 | Owning Your Own Business, Small Business, You Need to Know This
This article contains affiliate links that may or may not result in compensation. You’re excited about launching a new business, and there’s so much to do! One of the most important steps involves figuring out whether your business will need it’s own tax ID number –...
by Michele Cagan | Mar 15, 2017 | Do Your Own Taxes, Owning Your Own Business, Personal Finance, Small Business
If you work from home, that can score you a very big tax break…as long as you can stand a little math and some extra paperwork. Sure, there’s a very simple way to take the home office deduction – multiplying the square footage of your space by $5 – but it’s limited to...
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 | Nov 27, 2016 | Do Your Own Taxes, Owning Your Own Business, Personal Finance, Small Business
Tax audits are among the most common financial fears, but they don’t have to be – especially with your CPA by your side. Truthfully, though, unless you make more than $200,000 a year, your chances of getting flagged for audit are pretty slim. And with IRS budget cuts...
