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982 episodes

One-minute answer

Is There Still A Homebuyer’s Credit?

Deductions & credits

Is there a homebuyer's credit? No longer. In 2007 there was one and we had to pay back $500 every year. In 2008 they gave another one that…

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Should Children Under 18 Work For Parents Business?

Family & education

Children under the age of 18 working for mom and dad in their business. Partnership or sole proprietorship? Awesome idea, people! Why not have kids work, learn that…

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Starting A Company & Tax Advantages

Deductions & credits

Many times people start out companies. Most of the time it starts towards the end of the year, maybe you don't have a lot of sales or maybe…

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Don’t File A 1099 Incorrectly

Deadlines & filing

1099's, they're going to be here before you know. We're going to be issuing them out to our subcontractors. Make sure now that you have a W9 filled…

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Wondering How To Manage Your Taxes?

Family & education

I've been doing taxes now for more than 20 years here in the Brentwood, Tennessee area. If you have questions or you're not too sure exactly where to…

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A Disadvantages To Low Interest Rates

Real estate & rentals

One of the disadvantages to interest rates being so low is that people can actually spend a little bit more money on their homes, possibly ending up with…

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How Are You Formatting Your Income?

Tax changes that came into effect in December 2017 are limited for individuals. So keep in mind, if these tax changes are helping you, which for most of…

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Need Help With Your Taxes? Call Me

IRS letters & problems

I'm Dr. Friday an enrolled agent license with the Internal Revenue Service to do taxes and representation which basically says that I know one thing really well, taxes.…

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How Does A W-4 Form Work?

Bookkeeping & payroll

How does a W4 formwork? Because a lot of times it can be very confusing. In fact, I've always thought that maybe they should rethink the top section…

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Home Office Standard Deduction

Deductions & credits

Home office. For many years, we've been taking home office for small businesses as a deduction. But about five years ago or so they came up with a…

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Charitable Contributions

Deductions & credits

Charitable contributions. You know, there are more ways to give to charity than just cash. Many people will give clothing, household furniture, and cars. Cars are a bit…

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One-minute answer

Get Help With Your Taxes

IRS letters & problems

I’m Dr. Friday, an enrolled agent licensed with the Internal Revenue Service to do taxes and representation which basically means guys, I’m kind of like a shield between…

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