by Michele Cagan | Apr 20, 2021 | Retirement Planning, Saving and Investing, You Need to Know This
They can wipe out your entire savings in minutes Be aware: Scammers are coming after your retirement savings. These con artists come armed with a huge bag of tricks they use to get you to willingly hand over your money. And they’re very convincing… so you have to be...
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 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 | Dec 28, 2020 | Do Your Own Taxes, You Need to Know This
How to handle tax notices from the IRS You just got a letter from the IRS. Your first reaction may involve panic… and that can lead to not dealing with the letter at all. Avoiding that IRS notice could end up costing you a lot of money. So take a breath, grab the...
by Michele Cagan | Dec 11, 2020 | Personal Finance, You Need to Know This
If you’re thinking about buying a house, you’re probably looking at mortgage rates. And that’s helpful… but it’s only one tiny piece of your home/mortgage puzzle. The most important number here is the right amount to borrow. Lenders want you to borrow as much as...
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...
