“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 […]
In this reflective One-Minute Moment, Dr. Friday explains why staying informed matters—and how small tax insights can lead to big savings. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s […]
Claiming a dependent—or being one—can change the standard deduction amount. Dr. Friday explains the 2025 limits. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial Firm. To […]
With 2025 right around the corner, Dr. Friday breaks down the new standard deduction amounts for every filing status. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and […]
The year is almost over—Dr. Friday shares simple steps to get organized now so tax season goes smoother and with fewer surprises. Transcript G’day, I’m Dr. Friday, president of Dr. […]
If you were affected by federally declared disasters between 2018 and 2020, Dr. Friday explains how new legislation may let you claim tax relief retroactively. Transcript G’day, I’m Dr. Friday, […]