Tax questions
Keeping clean books, payroll taxes, paying yourself, and the records the IRS expects.
While taxes are usually the star of the show, Dr. Friday takes a detour "off the grid" this week to discuss a critical component of business health: cybersecurity.…
#Cybersecurity Risk Assessments#Managed IT Support#Ransomware And Data Breaches#Employee Cybersecurity Training
ListenOn this episode, Dr. Friday dives into critical year-end tax planning strategies and offers expert advice for listeners facing tough IRS issues. From the tax implications of an…
#IRS Debt Resolution#Business Vehicle Deductions#Estimated Tax Payments#Business Recordkeeping
ListenThis week, Dr. Friday discusses the approaching 2024 tax deadline and dives into significant new tax deductions for 2025 concerning overtime pay and seniors over 65. The show…
#Payroll Tax Penalties#Overtime And Tip Deductions#Medicare IRMAA Surcharges#Business Vehicle Deductions
ListenDr. Friday emphasizes the importance of reviewing and adjusting your W-4 form to ensure correct tax withholding throughout the year.
ListenDr. Friday explains tax requirements for household employees, including the need to file a Schedule H and pay Social Security and Medicare taxes for workers earning over $2,700…
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Bookkeeping & payroll
Dr. Friday emphasizes the importance of early adjustments to your W-4, 401(k), or 403(b) to maximize your tax benefits. Starting early in the year allows you to make…
ListenAs the tax deadline approaches, Dr. Friday urges listeners who haven't filed their taxes to submit Form 4868 and pay their estimated tax liability to avoid penalties. By…
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Bookkeeping & payroll
Dr. Friday emphasizes the crucial role of proper record-keeping for self-employed individuals and small business owners. She highlights that keeping accurate records, including tracking expenses and maintaining receipts,…
ListenDr. Friday, president of Dr. Friday's Tax and Financial Firm, highlights the significance of regularly reviewing your W-4, especially before filing your taxes for 2023. She points out…
ListenDr. Friday, the president of Dr. Friday's Tax and Financial Firm, underscores the paramount importance of meticulous expense tracking for entrepreneurs and self-employed individuals. With a focus on…
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Bookkeeping & payroll
Dr. Friday, president of Dr. Friday's Tax and Financial Firm, discusses the significant tax implications of major life events occurring in 2024, such as childbirth, marriage, or divorce.…
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Bookkeeping & payroll
of 2023, Dr. Friday underscores the importance of year-end financial actions. She emphasizes that the last day of the year is crucial for making adjustments to 401k contributions…
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