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982 episodes

One-minute answer

ERTC Refunds Delayed Due to Widespread Audits

Deadlines & filing

Still waiting on your Employee Retention Tax Credit refund? Dr. Friday explains why long delays are happening and what you should do next.

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One-minute answer

R&D Cost Expensing Fully Restored

Great news for businesses investing in research and development—Dr. Friday explains how R&D expenses can now be deducted much faster than before.

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Section 179 Deduction Limit Increased

Deductions & credits

Big purchases for your business? Dr. Friday explains how Section 179 lets you deduct 100% of equipment costs—up to millions—in the first year.

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20% Business Income Deduction Made Permanent

Deductions & credits

Good news for small business owners! Dr. Friday explains the now-permanent 20% qualified business income deduction and who can benefit.

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One-minute answer

1099-K Thresholds Updated for 2025

Deadlines & filing

Selling online or using payment apps? Dr. Friday explains the latest IRS updates to 1099-K reporting and what income levels trigger the form.

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