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We Are 2 Months Away From Tax Season
And for all of you that are getting ready for Halloween time, here's something really spooky: We're two months shy of tax season! That's right. It's time to…
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Dr. Friday Tax Tips - One Minute Moment
One-minute tax tips from Dr. Friday. Quick answers to the questions clients ask most, more than nine hundred of them.
982 episodes
Taxes and divorce. Talk about a bad day. All we have to do is talk about those subjects. But sometimes we need to really talk about those if…
ListenIRA for kids. Let's say your kid goes out and starts cutting grass or doing something outside the household in which they are earning money. Remember that they…
ListenDo you support your parent? Do they maybe live in your house or live in a care facility in which you basically help support them? Remember, there is…
ListenIn the past, we've always been able to find things like job hunting expenses, maybe being able to take off certain amounts of miles, or all these different…
ListenThe Tax Cuts and Jobs Act of 2017 eliminated the deduction of child support and alimony. Alimony being the main one, child support hasn't been a deduction for…
ListenPeople are always asking me what's the difference between a tax credit and a tax deduction? And one can be a lot more effective than the other. For…
ListenIf you were in an installment agreement prior to the whole COVID and you haven't been able to get it to reset, make sure that you have all…
ListenHome equity loans. The Tax Cuts and Jobs Act of 2017 suspended from 2018 to 2025 the deduction of interest paid on a home equity loan or line…
ListenFederal Tax Code encourages charitable contributions after the age of 70. You may be able to make this directly from your RMD or the Required Minimum Distribution of…
ListenInjured or innocent spouses. Married couples typically file joint returns. The good news is that they usually get a better tax rate and qualify for nicer credits. The…
ListenInterest expense. Keep in mind that back on the Tax Cut and Jobs Act of 2017, they reduced the amount of mortgage interest that you can have. Many…
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