On this special day, Dr. Friday shares a personal Christmas memory and reminds us what the season is truly about—giving, loving, and gratitude. Transcript G’day, I’m Dr. Friday, president of […]
It’s almost year-end, but there’s still time. Dr. Friday explains how boosting your 401(k) or IRA contribution can lower your taxable income. Transcript G’day, I’m Dr. Friday, president of Dr. […]
Thinking about buying a heavy vehicle before year-end just for the deduction? Dr. Friday walks through the math—and why it may not be worth it. Transcript G’day, I’m Dr. Friday, […]
Year-end means 1099 season. Dr. Friday explains who should get a 1099-MISC or 1099-NEC and why Form W-9 is so important. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s […]
Worried about an IRS audit? Dr. Friday explains why solid accounting records are your best defense—and how software can make it easier. Transcript G’day, I’m Dr. Friday, president of Dr. […]
“Why is my refund smaller than my friend’s?” Dr. Friday explains why comparing tax results rarely helps—and what you should do instead. Transcript G’day, I’m Dr. Friday, president of Dr. […]
Had a major loss from an accident and wondering if it’s deductible? Dr. Friday explains why, under current law, most non-disaster losses can’t go on your tax return. Transcript G’day, […]
When you inherit real estate, the stepped-up basis can save you from paying taxes—but only if you document the property’s value correctly. Transcript G’day, I’m Dr. Friday, president of Dr. […]
Not every workspace qualifies as a home office deduction. Dr. Friday breaks down what the IRS considers a true dedicated business space. Transcript G’day, I’m Dr. Friday, president of Dr. […]
Mileage can be a valuable deduction—but only if it’s properly documented. Dr. Friday explains what a valid mileage log must include. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s […]
The One Big Beautiful Bill (OBBB) brought major tax law changes for 2025. Dr. Friday explains why year-end is the time to revisit withholdings and strategy. Transcript G’day, I’m Dr. […]
When parents share custody, deciding who should claim the children can make a big difference at tax time. Dr. Friday explains why the financially optimal choice isn’t always the obvious […]