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982 episodes

One-minute answer

Avoid 100% Penalties

Deadlines & filing

What should we be thinking about on the second day of January? We should be thinking about taxes. It's now time to think about it, especially if you're…

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It’s A New Year!

It is a new year! And you know what happens when we start a new year? We have two things. One, we have to finish up the past…

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Happy 2020!

Well, it's almost the end of 2019. I hope that all of you have had an awesome year I know I have and that this is the time…

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1099s Are Essential

Deadlines & filing

1099s are essential to small business owners. We must 1099 anyone that makes over $600 and that includes your landlord. So if you have rent, if you pay…

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Time to Start Over

IRS letters & problems

Time to start over. Time to think fresh time to get caught up on back taxes. It's almost the New Year's and it's time for you to start…

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Health Insurance Penalty

Health & insurance

I had an email come in today asking about the health insurance penalty. Do remember that in 2019 individuals do not have to prove that they have health…

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Merry Christmas!

Happy Holidays, Merry Christmas and all the other traditional words that we like to share because you know what? It's Christmas. And it's a wonderful day. A day…

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It’s Christmas Eve!

And it's Christmas Eve and the excitement is there! We've got all of our decorations and all of our presents hopefully all wrapped up. Hopefully, you've had time…

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New Year’s Coming

IRS letters & problems

I'm Dr. Friday. I'm an enrolled agent licensed with the Internal Revenue Service to do taxes and representation. Which means it's almost the new year. Maybe it's time…

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Deducting Tools from Tax Returns

Deductions & credits

Had an email come in this week and the gentleman was asking me... he was obviously out buying some tools and wanted to know if he could deduct…

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A Tax Secret

I think this is kind of one of those best-kept secrets when it comes to taxes. Did you know that you could rent out your primary home for…

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Tax Preparation Fees

Deductions & credits

People often ask, can I still deduct my tax preparation fees? And the answer is well, not for a few more years. From 2018 to 2025, that is…

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