by Michele Cagan | Mar 27, 2024 | Do Your Own Taxes, Owning Your Own Business, Single Mom CPA
This post was originally published on March 11th, 2019. It has been updated to reflect changes in the tax prep checklist of items you need to collect to file your taxes as a business owner, freelancer, contractor, or 1099 worker. When you work for yourself, taxes can...
by Michele Cagan | Nov 24, 2021 | Do Your Own Taxes, Get Help When You Need It, You Need to Know This
You may think you don’t want an IRS online tax account… but you definitely do. The IRS is seriously messed up right now – worse than I’ve ever seen. They’re hard to reach. Many agents aren’t helpful… and some are downright nasty. So having an Online Tax...
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...
by Michele Cagan | Oct 28, 2020 | Do Your Own Taxes, News, Personal Finance, Retirement Planning
Please Note: This article may contain affiliate links. If you click on those links, I may receive compensation. The last you want to be thinking about now is next year’s tax return. This year has been chaotic, frightening, confusing, stressful, and mostly...