If you are an individual here and you're trying to get your tax numbers and you're filing under a form called a W 7, the IRS has come…
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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
And many of you are coming in and saying, "Should I file my 2021 because I still haven't received my tax refund from 2020." The IRS did come…
ListenCharitable contributions. You guys are now in there preparing your taxes, you're getting ready to hit the send button. Don't forget that when I talk about charitable contributions,…
ListenMy name is Dr. Friday. I'm an enrolled agent licensed by the Internal Revenue Service to do taxes and representation. I've been doing this for 20 plus years.…
ListenMany of you may have found when you're preparing your own tax returns, that there's a new form also, really, it's more of an updated form an 8812,…
ListenIf you're doing your own taxes, you may have found a couple of new forms. In 2021 partnerships and S corporations have a couple of new schedules, we…
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The Child Independent Deduction for 2021 Was Fully Deductible
Deductions & credits
The child independent deduction for 2021 was fully deductible. That means you get dollar for $1 deduction up to $3,000 per child, if they're over the age of…
ListenEIC, earned income credit without children. Did you realize that if you are someone that may not be making a lot of money, so if you're a single…
ListenThe 2021 recovery rebate credit also thought of as the stimulus was something that they gave us an impact for the economic hardship people were facing. This is…
ListenChanges to the educational credits. The repeal of the CA under the 2200 deduction for qualified tuition and related expenses. Instead it increased the phase out limits to…
ListenFriday Tax and Financial firm. To get more info go to www.drfriday.com. Dr. Friday 0:10 Mortgage forgiveness debt relief. The maximum amount of discharge debt out of principal…
ListenScams. There are so many different scams out there right now. So let me just basically say use common sense. There's been a big notice that came out…
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