Skip to content

352 answers

One-minute answer

Cars as Charitable Contributions

Deductions & credits

Charitable contributions. You know, there are more ways to give to charity than just cash and many people will give clothing, household furnishing, cars. And cars are a…

Listen

One-minute answer

Tax Deduction for Medical Expenses

Deductions & credits

What is a tax deduction for medical expenses? The IRS allows you to deduct qualified medical expenses that exceed 7.5% of your income for 2017 and 2018. But…

Listen

One-minute answer

Are Legal Fees a Tax Deduction?

Deductions & credits

Are legal fees a tax deduction? Many times people come in and they're like, well, I've had to, you know, pay legal fees to get a will, a…

Listen

One-minute answer

Can I Claim a Tax Deduction for College Tuition?

Deductions & credits

Can I claim a tax deduction for college tuition? Absolutely. If you're an individual and you're the tax payer, you may be able to qualify for tuition and…

Listen

One-minute answer

Charitable Contributions Are Deductible

Deductions & credits

Charitable contributions. Many people keep saying they're not deductible, they're not deductible. Well, that's not true.

Listen

One-minute answer

Are Meals And Entertainment Expenses Deductible?

Deductions & credits

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?

Listen

One-minute answer

Is Alimony No Longer a Deduction?

Deductions & credits

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…

Listen

One-minute answer

Remember Dependent Exemptions? They’re Gone!

Deductions & credits

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…

Listen

Ask Dr. Friday

Have a tax question of your own?

Send it in. Questions may be answered on an upcoming episode or video, first name only.

Send Dr. Friday a message

Tell us a little about what you need and we will get back to you quickly.

Book Dr. Friday for your event

Share the date, audience, and topic you have in mind. We will respond as quickly as possible.

Please give us as many details as possible about your event, and any questions that you may have for Dr. Friday. We will respond as quickly as possible. Thank you!

Try “IRS letter”, “1099”, “home office”, or “bookkeeping”.