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 www.drfriday.com. This is a one-minute moment.
Dr. Friday 0:12
We all know that the tax law changed back in 2017 when they pretty much eliminated, starting in 2018, the 2106 or Expenses for Employees. But if you are a self-employed individual or you receive a 1099, remember that mileage is still out there for all of you, and you may be able to deduct your auto from what you do to make your income. So, for example, if you basically driving miles back and forth, you have the ability to write off those miles at 56 cents a mile and 2021 charity miles will be 14 cents a mile, and moving or medical is 16 cents a mile if you need help? Call 615-367-0819.
You can catch the Dr. Friday call-in show live every Saturday afternoon from 2 pm to 3 pm on 99.7 WTN.