In this one-minute moment, Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, reminds listeners that Tax Day 2023 has arrived. She emphasizes the importance of making final contributions […]
As the tax deadline approaches, Dr. Friday urges listeners who haven’t filed their taxes to submit Form 4868 and pay their estimated tax liability to avoid penalties. By filing an […]
Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, warns that selling personal items at a gain can trigger a 1099-K from the IRS. To properly report these sales, […]
In this episode of Dr. Friday’s Tax Tips, the focus is on claiming tax deductions for small business startup expenses. Dr. Friday explains that these expenses don’t necessarily have to […]
In this episode of Dr. Friday’s Tax Tips, the importance of accurately claiming dependents on tax returns is discussed. Dr. Friday cautions listeners about claiming their girlfriend’s children as dependents, […]
In this episode of Dr. Friday’s Tax Tips, Dr. Friday addresses a common question among taxpayers who have already filed their taxes: “Where’s my refund?” She provides two convenient methods […]
In this one-minute moment, Dr. Friday emphasizes the importance of taking your time when filing your taxes. Many mistakes occur when people rush to file their taxes or are overly […]
As the tax season comes to a close, it’s crucial to consider filing for an extension if you anticipate any delays in submitting your tax return. Dr. Friday, president of […]
Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, offers valuable advice for those dealing with the IRS. She emphasizes the importance of persistence when communicating with the agency, […]
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In this one-minute moment, Dr. Friday emphasizes the crucial role of proper record-keeping for self-employed individuals and small business owners. She highlights that keeping accurate records, including tracking expenses and […]
April Fools! Gotcha! In this episode of Dr. Friday’s Tax Tips, Dr. Friday clarifies that while the IRS is indeed hiring new employees, they are not out to get taxpayers […]
As the tax season draws to a close, it’s crucial to take action if you haven’t filed your taxes yet. If you’re unsure about completing your tax return on time, […]
In this one-minute moment, Dr. Friday highlights the importance of understanding how selling assets can affect Medicare IRMAA (Income-Related Monthly Adjustment Amount) for individuals over 67 who are on full […]
In this episode of Dr. Friday’s Tax Tips, the importance of maintaining accurate mileage logs for tax deductions is emphasized. Dr. Friday advises listeners to use mileage tracking apps or […]
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In this one-minute moment, Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, emphasizes the importance of not rushing through your 2023 tax preparation. She advises ensuring you have […]
In this one-minute moment, Dr. Friday, a seasoned tax expert and enrolled agent with nearly 25 years of experience, introduces herself as the president of Dr. Friday’s Tax and Financial […]
Real estate agents can significantly reduce their tax liability by claiming auto expense deductions. The two primary methods for claiming these deductions are actual expenses or mileage, with mileage being […]
In this one-minute moment, Dr. Friday explains the importance of below the line deductions in reducing your taxable income. These qualified deductions, such as standard deductions, charitable contributions, medical expenses, […]
In this one-minute moment, Dr. Friday discusses the importance of above-the-line deductions in reducing your taxable income. These deductions, which include contributions to retirement accounts, health savings accounts, and student […]
Dr. Friday cautions taxpayers that the IRS employs software to analyze lifestyle factors when determining audit targets. Even if your tax returns are consistent and accurate, living a lifestyle that […]
Single member LLCs, often synonymous with small businesses, require careful attention to tax obligations and compliance. While excise tax may not apply, self-employment tax is a crucial consideration. Failing to […]
In this one-minute moment, Dr. Friday discusses the mortgage interest deduction and its impact on tax savings. She explains that unless the mortgage interest, property taxes, and sales tax exceed […]
When it comes to charitable deductions, cash donations up to 60% of your income are straightforward. However, for non-cash donations like stocks, art, or furniture valued over $2,500, an appraisal […]
In this episode, Dr. Friday explains the Child Dependent Care Credit, which allows you to claim up to $3,000 in expenses for a single child and a maximum of $6,000 […]
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In this episode, Dr. Friday provides valuable insights into the Lifetime Learning Credit, a tax credit designed to help offset the costs of higher education. He explains the eligibility criteria, […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, of Dr. Friday’s Tax and Financial Firm, offers valuable insights on handling 1099-K forms for individuals […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the president of Dr. Friday’s Tax and Financial Firm, clarifies the evolving situation regarding 1099-K forms, […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, shares exciting news for small business owners in […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the head of Dr. Friday’s Tax and Financial Firm, highlights a significant update from the SECURE […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, delves into the recent updates of the SECURE […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the leader of Dr. Friday’s Tax and Financial Firm, discusses the recent changes to the Required […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the president of Dr. Friday’s Tax and Financial Firm, takes listeners on a historical journey through […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, an experienced enrolled agent and president of Dr. Friday’s Tax and Financial Firm, delves into the […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the head of Dr. Friday’s Tax and Financial Firm, warns about the dangers of incorrectly choosing […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, highlights the significance of regularly reviewing your W-4, […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the head of Dr. Friday’s Tax and Financial Firm, issues a crucial warning about prevalent tax […]
In this engaging episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the esteemed president of Dr. Friday’s Tax and Financial Firm, highlights the bustling activity within […]
In this quick yet informative episode of the ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, highlights the critical tax […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday delves into the intricacies of deducting business use of a car, comparing the mileage deduction to […]
In this insightful episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, president of Dr. Friday’s Tax and Financial firm, delves into the complexities of business vehicle […]
In this enlightening episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, a seasoned tax expert, delves into one of the most significant tax deductions for many […]
In this enlightening ‘Dr. Friday Tax Tips – One Minute Moment’ episode, Dr. Friday, the head of Dr. Friday’s Tax and Financial Firm, delves into the complexities of Section 179 […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, an experienced tax professional and president of Dr. Friday Tax and Financial Firm, shares her extensive […]
Summary: In this special Valentine’s episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the president of Dr. Friday’s Tax and Financial firm, delves into the not-so-romantic […]
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In this Dr. Friday Tax Tips – One Minute Moment, Dr. Friday demystifies the difference between tax deductions and tax credits, crucial for effective tax planning. Tax deductions reduce your […]
In this insightful episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, dives into the latest updates on electric […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday explores the unchanged solar tax credit, offering a personal perspective on the viability of solar energy […]
In this insightful episode, Dr. Friday extends a heartfelt appreciation to teachers, emphasizing their invaluable role in shaping futures. Highlighting a significant update for educators, she discusses the increased tax […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, with over 25 years of experience in tax and financial advising, debunks common myths surrounding the […]
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In this engaging episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the president of Dr. Friday’s Tax and Financial Firm, underscores the paramount importance of meticulous […]
In this insightful episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday emphasizes the enduring value of Health Savings Accounts (HSAs) for both single and married individuals. […]
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In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday highlights the often overlooked Saver’s Credit, an essential tax break for low to moderate income earners. […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the president of Dr. Friday’s Tax and Financial Firm, emphasizes the importance of timely 401(k) contributions […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday delves into the complexities of the mortgage interest deduction, a topic that can stir quite a […]
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In this insightful one-minute moment, Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, highlights the importance of understanding IRA contribution deductions and the impact of income brackets on […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday addresses the critical aspect of deducting gambling losses on your tax return. She highlights that gambling […]
In this insightful episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, demystifies the complexities surrounding state and local […]
In this Dr. Friday Tax Tips – One Minute Moment, Dr. Friday addresses the complexities of maximizing medical deductions on tax returns. She outlines the initial hurdle of surpassing 7.5% […]
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In this Dr. Friday Tax Tips – One Minute Moment, Dr. Friday discusses strategies for taxpayers who itemize deductions, particularly focusing on charitable contributions. She explains that for those who […]
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In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the head of Dr. Friday’s Tax and Financial Firm, delves into the intricacies of the Earned […]
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In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, President of Dr. Friday’s Tax and Financial Firm, elucidates the intricacies of the student loan interest […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, discusses the crucial aspects of student loan interest […]
In this ‘Dr. Friday Tax Tips – One Minute Moment’ episode, Dr. Friday illuminates the benefits of the Lifetime Learning Credit, a valuable tax break for education expenses. She explains […]
In this insightful episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, President of Dr. Friday’s Tax and Financial Firm, delves into the important aspects of the […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, President of Dr. Friday’s Tax and Financial Firm, sheds light on the Child Tax Credit (CTC) […]
In this quick but informative episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the President of Dr. Friday’s Tax and Financial Firm, emphasizes the significant financial […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, President of Dr. Friday’s Tax and Financial Firm, addresses the eagerness of taxpayers who have received […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, President of Dr. Friday’s Tax and Financial Firm, delves into the various factors that influence the […]
In this episode of the ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday emphasizes the importance of early preparation for the upcoming tax deadline on April 15, 2024. […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, discusses the significant tax implications of major life […]
In this Dr. Friday Tax Tips – One Minute Moment episode, Dr. Friday addresses the widely discussed changes to the 2023 Form 1099-K, focusing on its impact on small business […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, an experienced tax professional, delves into the continuation of the zero personal tax exemption for 2024. […]
In this informative episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, President of Dr. Friday’s Tax and Financial Firm, sheds light on the complexities of the […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday highlights the significant increase in the standard deduction for the 2024 tax year. Married couples will […]
In this special New Year’s edition of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the president of Dr. Friday’s Tax and Financial Firm, warmly welcomes 2024 and […]
In the final ‘Dr. Friday Tax Tips – One Minute Moment’ of 2023, Dr. Friday underscores the importance of year-end financial actions. She emphasizes that the last day of the […]
In this insightful episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday discusses a significant change in Tennessee’s business tax regulations that favors small businesses. Highlighting Notice […]
In this enlightening episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, delves into the historical progression of Tax […]
In this insightful ‘Dr. Friday Tax Tips – One Minute Moment’ episode, Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, discusses the intricacies of IRS regulations regarding the […]
In this heartwarming ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the president of Dr. Friday’s Tax and Financial Firm, steps away from her usual tax advice to […]
In this enlightening episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, president of Dr. Friday’s Tax and Financial Firm, delves into the often-overlooked aspect of tax […]
In this insightful episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday addresses a common and complex issue in tax filing: the legitimacy of claiming dependents. She […]
In this episode of the Dr. Friday Tax Tips – One Minute Moment, Dr. Friday addresses a common post-tax-filing question: tracking your tax refund. She explains that the best way […]
Summary: In this insightful episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, a seasoned tax expert, shares vital advice on dealing with the IRS, emphasizing the […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday emphasizes the importance of meticulous record-keeping for self-employed individuals and small business owners, especially those managing […]
In this insightful episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, the President of Dr. Friday’s Tax and Financial firm, emphasizes the importance of understanding the […]
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In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, President of Dr. Friday’s Tax and Financial Firm, emphasizes the critical importance of maintaining accurate mileage […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, President of Dr. Friday’s Tax and Financial firm, delves into the significance of below-the-line deductions in […]
In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday highlights the significance of above the line deductions in tax planning. These deductions include contributions to […]
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In this episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, a seasoned tax expert with nearly 25 years of experience, shares her role in protecting clients […]
In this episode, Dr. Friday delves into the complexities of charitable deductions beyond cash contributions. She emphasizes that while donating cash can yield straight tax deductions up to 60% of […]
In this Dr. Friday Tax Tips – One Minute Moment episode, Dr. Friday addresses the evolving landscape of 1099k forms. She highlights the recent announcement of a new $5,000 threshold […]
In this episode, Dr. Friday discusses the significant changes brought by Notice 2308, issued in May 2023, regarding the Tennessee Work Tax Act. This new legislation is a boon for […]
Summary: In this insightful episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday discusses the significant changes introduced by the SECURE Act 2.0, effective from December 31st, […]
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In this informative episode of ‘Dr. Friday Tax Tips – One Minute Moment,’ Dr. Friday, President of Dr. Friday’s Tax and Financial Firm, highlights the recent changes in Required Minimum […]
In this one-minute moment, Dr. Friday, a tax expert with 25 years of experience, delves into the importance of proactive tax planning. Whether you’re familiar with her or just tuning […]
In this episode of Dr. Friday Tax Tips – One Minute Moment, Dr. Friday, a seasoned tax expert and president of Dr. Friday’s Tax and Financial firm, delves into the […]
Join Dr. Friday, a renowned tax expert and president of Dr. Friday’s Tax and Financial firm, in this intriguing one-minute episode of her podcast. She addresses a frequently asked and […]
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In this informative episode of Dr. Friday Tax Tips – One Minute Moment, Dr. Friday, a seasoned tax expert and president of Dr. Friday’s Tax and Financial firm, delves into […]
In this brief yet insightful episode of the “Dr. Friday Tax Tips – One Minute Moment” Podcast, Dr. Friday, an experienced enrolled agent and president of Dr. Friday’s Tax and […]
In this enlightening episode of the Dr. Friday Tax Tips – One Minute Moment Podcast, Dr. Friday, an expert in tax and financial matters, delves into the complex tax implications […]
In this concise and informative episode of Dr. Friday’s Tax Tips – One Minute Moment, Dr. Friday, a seasoned tax expert and president of Dr. Friday’s Tax and Financial firm, […]
In this episode of Dr. Friday Tax Tips – One Minute Moment Podcast, Dr. Friday, a seasoned enrolled agent and president of Dr. Friday’s Tax and Financial firm, shares her […]
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In this Dr. Friday Tax Tips – One Minute Moment Podcast, Dr. Friday, an expert in tax and financial matters, addresses a common confusion faced by many taxpayers. A listener […]
In this concise, one-minute podcast episode, Dr. Friday, the president of Dr. Friday’s Tax and Financial firm, delves into the advantageous world of 1031 exchanges. She enlightens listeners on how […]
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In this quick, informative episode of the Dr. Friday Tax Tips – One Minute Moment Podcast, Dr. Friday, the president of Dr. Friday’s Tax and Financial firm, tackles a common […]
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In this quick yet insightful episode of Dr. Friday Tax Tips, Dr. Friday, the president of Dr. Friday’s Tax and Financial firm, delves into the complexities of renting out property […]
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In this one-minute moment, Dr. Friday, an enrolled agent licensed by the IRS, discusses how she can assist those who haven’t filed taxes for years or are receiving frequent notices […]
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In this one-minute moment, Dr. Friday, president of Dr. Friday’s tax and financial firm, shares a valuable tip for those struggling financially. Learn about the IRS’s free filing option for […]
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In this episode, Dr. Friday delves into the complexities of reporting sales from a 423 employee stock purchase. She highlights the potential pitfalls of Schedule D and AMT tax implications, […]
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In this one-minute moment, Dr. Friday, an enrolled agent licensed with the IRS, sheds light on how her firm can act as a shield between you and the IRS. If […]
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In this one-minute moment, Dr. Friday delves into the tax implications of inheriting property. She explains the difference between inheriting a property at the time of a parent’s passing versus […]
In this one-minute moment, Dr. Friday emphasizes the importance of keeping your personal details updated with the Internal Revenue Service. Learn about the IRS Form 8822, the steps to take […]
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In this one-minute moment, Dr. Friday, a seasoned tax expert with 25 years of experience, emphasizes the importance of planning ahead for your taxes. She offers insights into the services […]
In this one-minute moment with Dr. Friday, discover a unique tax tip that could put extra money in your pocket. Ever thought about renting out your primary home for two […]
In this one-minute moment, Dr. Friday delves into the complexities of reporting the sale of a second home on your taxes. Was it ever rented out? Was it a VRBO? […]
In this one-minute moment, Dr. Friday delves into the intricacies of itemized deductions for couples filing their taxes separately. While one might think it’s as simple as taking the standard […]
In this one-minute moment, Dr. Friday delves into the tax implications of owning a second home. Can it be tax deductible? The answer might surprise you. Whether it’s a brick-and-mortar […]
In this episode, Dr. Friday delves into the intricacies of mortgage interest deductions. With standard deductions on the rise, many find it challenging to meet the threshold. But did you […]
In this episode, Dr. Friday, a licensed enrolled agent with the IRS, dives deep into the world of taxes. She emphasizes the importance of staying updated with your tax filings, […]
In this episode, Dr. Friday delves into a common question many face: Can you deduct nursing home expenses for a loved one on your tax return? Discover the criteria that […]
In this one-minute moment, Dr. Friday addresses a common tax query: “Is the interest amount paid to the IRS deductible?” Tune in to find out the answer and learn more […]
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In this episode of Dr. Friday Tax Tips – One Minute Moment, Dr. Friday delves into the nuances of student loan interest deductions. Discover how parents can gift their payments […]
In this episode, Dr. Friday delves into the significant tax changes that took place in 2017, particularly the elimination of the 2106 form in 2018. She highlights a common misconception […]
In this episode of Dr. Friday Tax Tips – One Minute Moment, Dr. Friday delves into a common query: Can you claim a relative and their child as dependents if […]
In this one-minute moment, Dr. Friday, an enrolled agent licensed with the IRS, delves into the challenges many face when dealing with taxes. From the fear of the IRS to […]
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In this episode of Dr. Friday Tax Tips – One Minute Moment, Dr. Friday delves into a common misconception about child dependency claims during divorce proceedings. Can a state court […]
In this one-minute moment, Dr. Friday addresses a common tax query: Can both spouses, when filing separately, claim their son as a dependent? Dive into the intricacies of tax laws […]
In this one-minute moment, Dr. Friday addresses a common question she receives: Can a married individual filing taxes separately claim ‘head of household’ status with their child? Dive in to […]
In this one-minute moment with Dr. Friday, delve into the complexities of claiming your unmarried college-going child on your tax return. Factors like the child’s income, your financial support, and […]
In this one-minute moment, Dr. Friday addresses a common question: Are Social Security benefits taxable after retirement? Dive in to understand the circumstances under which these benefits may be taxed […]
In this one-minute moment, Dr. Friday delves into the importance of tracking your 1099-B’s, especially after a fruitful stock year. Whether you’ve sold property or stock, understanding your stock capital […]
In this one-minute moment with Dr. Friday, delve into the advantages of opting for a split tax refund. Whether you’re looking to manage your finances by directing a portion into […]
In this one-minute moment, Dr. Friday, an enrolled agent licensed with the IRS, discusses how her firm can act as a shield between you and the IRS. If you’ve received […]
In this episode, Dr. Friday delves into a common tax dilemma: what should you do if you’re unsure about the accuracy of your tax return? Whether you’ve made an error […]
In this one-minute moment, Dr. Friday delves into the often-confusing topic of claiming dependents on your taxes. Is there an age limit to claim your child as a dependent? What’s […]
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In this one-minute moment, Dr. Friday, an enrolled agent licensed by the IRS, dives into the importance of staying updated with your taxes. Whether you’ve missed out on stimulus checks, […]
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Dr. Friday Good day. I’m Dr. Friday, president of Dr. Friday Tax and Financial Firm. To get more info go to www.drfriday.com. This is a one minute moment. It’s time […]
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Dr. Friday Good day. I’m Dr. Friday, president of Dr. Friday Tax and Financial Firm. To get more info go to www.drfriday.com. This is a one minute moment. Are legal […]
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Dr. Friday Good day. I’m Dr. Friday, president of Dr. Friday Tax and Financial Firm. To get more info go to www.drfriday.com. This is a one minute moment. What do […]
Dr. Friday Good day. I’m Dr. Friday, president of Dr. Friday Tax and Financial Firm. To get more info go to www.drfriday.com This is a one minute moment. Can I […]
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Can I claim a tax deduction for a newspaper subscription? It depends, actually. Listen to this short podcast to know the answer. […]
What do you do when you receive a love letter from the Internal Revenue Service? Listen to this podcast to know what. […]
Keep in mind that if your child is at a certain age, and they’re going to day camp, that is daycare as far as the IRS is concerned. […]
Can grandparents get a tax deduction for contributing to a 529 plan? The answer is yes! […]
Charitable contributions. Many people keep saying they’re not deductible, they’re not deductible. Well, that’s not true. […]
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Can tax deductions be carried over? Well, in most cases the answer is going to be no. […]
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Should you start gifting out money from your state maybe help lower the taxes? And the answer could be yes but there’s a lot more to it. […]
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Are you receiving love letters from the Internal Revenue Service? Are they basically telling you that they’re going to lien, levy, seize your property? […]
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Today, October 15 2019 is tax day. If you haven’t filed your personal tax return at this point, it’s going to be late if you don’t hit it by midnight. […]
Last year there was a lot of confusion about small business owners, deducting meals and entertainment. And the question basically comes, can they or can they not? […]
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Is it true that alimony is no longer a deduction? Answer is yes, it is true! Under the new tax laws if you divorce… now this is very important. […]
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Some of our popular deductions and credits did change last year. Remember dependent exemptions? Gone. That was the $4,050 for each person that was a qualified child in your household. […]
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Should I take a standard deduction or itemize? You know, I always find it so fascinating that people really, really, really want to itemize. […]
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I’m Dr. Friday, an Enrolled Agent license with the Internal Revenue Service to do taxes and representation which basically means guys, I’m kind of like a shield between you and the IRS. […]
Nearly 2 million ITIN numbers will be expiring by the end of 2019. For all of you that aren’t sure, that’s an individual tax ID number. […]
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Many of us have now survived the 2018 tax filing. And we’re wondering what happened? Why did my tax bill not really go down? […]
Starting January 2019, which was a few months ago at this point, they changed the rate for your mileage. So for all you they’re trying to figure out, it’s .58 cents a mile for our tax year of 2019. […]
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You know, many times we listen to things that people say, and one of the things going around town right now is that forming a business trust to hold your income and assets will avoid taxes… […]
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Did you realize it’s almost tax time? It’s that time of the year again. If you haven’t filed your 2018 you only have a few days left, and you better have filed an extension. […]