Dr. Friday explains changes affecting large businesses with significant debt—especially industries hit by today’s higher interest rates.
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Tax questions
Deductions & credits
What you can write off, which credits you qualify for, and the paperwork that proves it.
352 answers
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.
ListenGood news for small business owners! Dr. Friday explains the now-permanent 20% qualified business income deduction and who can benefit.
ListenPlanning to install solar panels or make energy-efficient upgrades? Dr. Friday warns that many clean energy tax breaks are set to expire by 2026.
ListenAdopting a child? Dr. Friday shares good news about the updated adoption credit—now refundable and easier to claim starting in 2025.
ListenStarting in 2026, gamblers won’t be able to deduct all their losses. Dr. Friday breaks down what’s changing and who it affects.
ListenStarting in 2027, a new tax credit will reward donations to scholarship organizations. Dr. Friday explains how it works and who benefits.
ListenThinking about buying a new vehicle? Dr. Friday explains the new rules for deducting auto loan interest and who qualifies based on income.
ListenOctober 25, 2025
This 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
ListenOvertime income may be deductible under the new law. Dr. Friday explains the limits, eligibility, and key reporting rules.
ListenDr. Friday highlights two new rules: an added deduction for seniors and new reporting requirements for qualified tips.
ListenFrom 2025 through 2029, taxpayers can deduct more state and local taxes. Dr. Friday explains how this expansion could benefit you.
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