Giving Money? Who Pays the Taxes?
October 17, 2019
Should you start gifting out money from your state maybe help lower the taxes? And the answer could be yes but there’s a lot more to it. […]
Episodes
From The IRS with Love
October 16, 2019
Are you receiving love letters from the Internal Revenue Service? Are they basically telling you that they’re going to lien, levy, seize your property? […]
Today is TAX DAY!
October 15, 2019
Today, October 15 2019 is tax day. If you haven’t filed your personal tax return at this point, it’s going to be late if you don’t hit it by midnight. […]
Are Meals And Entertainment Expenses Deductible?
October 14, 2019
Last year there was a lot of confusion about small business owners, deducting meals and entertainment. And the question basically comes, can they or can they not? […]
Is Alimony No Longer a Deduction?
October 11, 2019
Is it true that alimony is no longer a deduction? Answer is yes, it is true! Under the new tax laws if you divorce… now this is very important. […]
Remember Dependent Exemptions? They’re Gone!
October 10, 2019
Some of our popular deductions and credits did change last year. Remember dependent exemptions? Gone. That was the $4,050 for each person that was a qualified child in your household. […]
Should I Take a Standard Deduction or Itemize?
October 9, 2019
Should I take a standard deduction or itemize? You know, I always find it so fascinating that people really, really, really want to itemize. […]
Got Tax Problems?
October 8, 2019
I’m Dr. Friday, an Enrolled Agent license with the Internal Revenue Service to do taxes and representation which basically means guys, I’m kind of like a shield between you and the IRS. […]
Your ITIN Number Might Be Expiring This Year
October 7, 2019
Nearly 2 million ITIN numbers will be expiring by the end of 2019. For all of you that aren’t sure, that’s an individual tax ID number. […]
Where’s My Refund?!
October 4, 2019
Many of us have now survived the 2018 tax filing. And we’re wondering what happened? Why did my tax bill not really go down? […]
2019 IRS Mileage Rates
October 3, 2019
Starting January 2019, which was a few months ago at this point, they changed the rate for your mileage. So for all you they’re trying to figure out, it’s .58 cents a mile for our tax year of 2019. […]
Can I Form a Trust to Avoid Taxes?
October 2, 2019
You know, many times we listen to things that people say, and one of the things going around town right now is that forming a business trust to hold your income and assets will avoid taxes… […]