You know, there's quite a few people out there doing flipping. And you know, they buy a house, they flip it and then they turn around and sell…
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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
One-minute answer
Haven’t Filed Taxes Yet?
Haven't filed taxes for a while? Not sure where to get started? I'm your girl. That's right. I can help you get back in shape when it comes…
ListenTaking a tax deduction. Do I have to have the receipts? So often, I'm asked this in my office when people come in. Because let's be honest, receipts,…
ListenA Roth IRA or a standard traditional IRA. Under the current tax law, I've been talking to quite a few clients that are married couples making less than…
ListenMedical deductions. When you're looking at your medical deduction for 2019, it's 10% of your adjusted gross income - up from 7.5 in 2017 and 2018. Besides that,…
ListenAs an enrolled agent, my job really is representation. Trying to help taxpayers understand that they do have rights in front of the Internal Revenue Service. And sometimes…
ListenSmall business owners. You know, I love small business owners because entrepreneurs, I think, are the heartbeat of this country because they often see things in a unique…
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Using Your Car for Work?
Are you an employee who uses your own car for work? Do you travel around, maybe do different things. Now, if you're self-employed like a Lyft driver, Uber…
ListenCapital gains tax. You know, we still have a zero percent tax on capital gains in the right situation. And that right situation is people that are in…
ListenI'm Dr. Friday, an enrolled agent licensed with the Internal Revenue Service to do taxes and representation. I've been in this town for more than 20 years doing…
ListenWho is an eligible dependent on your tax return? Many times people will sit there and they'll talk about age and all that. And it comes down to,…
ListenTax deductions on rental properties. Remember, besides the fact that you can take off all the maintenance that you have on that property, you're going to depreciate the…
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