Thinking about buying a new vehicle? Dr. Friday explains the new rules for deducting auto loan interest and who qualifies based on income. Transcript G’day, I’m Dr. Friday, president of […]
Overtime income may be deductible under the new law. Dr. Friday explains the limits, eligibility, and key reporting rules. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and […]
Dr. Friday highlights two new rules: an added deduction for seniors and new reporting requirements for qualified tips. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s Tax and Financial […]
From 2025 through 2029, taxpayers can deduct more state and local taxes. Dr. Friday explains how this expansion could benefit you. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s […]
Worried about estate and gift taxes? Dr. Friday shares the good news: the lifetime exemption is now larger and permanent starting in 2026. Transcript G’day, I’m Dr. Friday, president of […]
Dr. Friday explains the updated child tax credit for 2025, including how much you can claim, who qualifies, and what’s refundable. Transcript G’day, I’m Dr. Friday, president of Dr. Friday’s […]
Is an S corporation or a C corporation better for your business? Dr. Friday explains the pros, cons, and tax implications of each. Transcript G’day, I’m Dr. Friday, president of […]
Still donating from after-tax dollars? Dr. Friday explains how a Qualified Charitable Distribution (QCD) can save you money while supporting your favorite causes. Transcript G’day, I’m Dr. Friday, president of […]
There’s a lot of confusion about the new $6,000 deduction for seniors. Dr. Friday clears up the difference between a deduction and a credit. Transcript G’day, I’m Dr. Friday, president […]
Driving for work? Dr. Friday explains the rules for mileage deductions, who qualifies, and what trips don’t count toward your tax write-offs. Transcript G’day, I’m Dr. Friday, president of Dr. […]
Dr. Friday reminds us not to wait until the last minute. With 2024 filings still open and 2025 nearly done, now is the time to plan. Transcript G’day, I’m Dr. […]
In this One-Minute Moment, Dr. Friday explains how many energy-related tax credits are set to expire at the end of 2025 and what that means for homeowners. Transcript G’day, I’m […]