How To Reduce Taxes With Standard IRA

Dr Friday Tax Tips - One Minute Moment
Dr. Friday Tax Tips
How To Reduce Taxes With Standard IRA

Dr. Friday 0:00
Good day. I’m Dr. Friday, President of Dr. Friday’s Tax and Financial firm. To get more info go to This is a one-minute moment.

Dr. Friday 0:12
Looking at your taxes, you prepare them, and you’re like, “Wait, I owe a couple $100.” One thing to think about is maybe you can put some money in an IRA. If it’s a regular standard IRA. Remember, Roth IRAs are not going to help us; standard IRAs will reduce taxes. Now, I’m not going to tell you I am not a financial planner. This may not be a good financial planning situation. This is good tax advice. If you want to reduce your taxes, putting money into an IRA will be a way of you doing it. Putting more money in your pocket, less money in the pockets of the IRS. If you need help with tax planning, call me at 615-367-0819.

Announcer 0:51
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