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982 episodes

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Unlocking Savings: Navigating the 2023 EV Tax Credits

Deductions & credits

Dr. Friday, president of Dr. Friday's Tax and Financial Firm, dives into the latest updates on electric vehicle (EV) tax credits for 2023. Listeners will learn about the…

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Maximizing Tax Deductions for Teachers: A $300 Boost

Deductions & credits

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…

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Unlocking the Myths of Home Office Deductions

Deductions & credits

Dr. Friday, with over 25 years of experience in tax and financial advising, debunks common myths surrounding the home office deduction. Often feared to be an audit trigger…

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Maximizing Deductions: The Key to Entrepreneurial Success

Bookkeeping & payroll

Dr. Friday, the president of Dr. Friday's Tax and Financial Firm, underscores the paramount importance of meticulous expense tracking for entrepreneurs and self-employed individuals. With a focus on…

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Maximizing Savings with Health Savings Accounts

Health & insurance

Dr. Friday emphasizes the enduring value of Health Savings Accounts (HSAs) for both single and married individuals. For 2023, the contribution limits are set at $3,850 for singles…

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Unlock Savings with the Saver’s Credit: A Guide

Deductions & credits

Dr. Friday highlights the often overlooked Saver's Credit, an essential tax break for low to moderate income earners. Tailored for individuals and couples earning below certain thresholds, the…

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Maximizing 401(k) Contributions to Reduce Tax Liabilities

Retirement & Social Security

Dr. Friday, the president of Dr. Friday's Tax and Financial Firm, emphasizes the importance of timely 401(k) contributions for tax savings. Highlighting a crucial reminder for the year…

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Navigating the Mortgage Interest Deduction Limits

Deductions & credits

Dr. Friday delves into the complexities of the mortgage interest deduction, a topic that can stir quite a bit of confusion among homeowners. She clarifies that while many…

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Navigating Gambling Losses: Tax Deduction Insights

Deductions & credits

Dr. Friday addresses the critical aspect of deducting gambling losses on your tax return. She highlights that gambling losses can only be deducted up to the amount of…

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