The Tax Cuts and Jobs Act of 2017 eliminated the deduction of child support and alimony. Alimony being the main one child support hasn't been a deduction for…
Listen
Tax questions
Family & education
Dependents, child credits, childcare, college costs, student loans, adoption, and divorce.
181 answers
I'm an Enrolled Agent licensed by the Internal Revenue Service to do your taxes and representation, guys. That's all I really do. So if you're having trouble or…
ListenNovember 13, 2021
Welcome to the Dr. Friday Radio Show, where Dr. Friday takes on the latest tax updates, answers callers questions, and talks over the following topics: Dr. Friday's Tax…
#Capital Gains Taxes#Roth Conversions#Retirement Tax Planning#Home Sale Exclusion
ListenYear-end tax planning tips. Let's do it. Do a trial run on your taxes just to see if you have enough money coming out. Your W4 may need…
ListenWe are starting to prepare for the 2021 tax year. And remember we still have the same tax rates which basically is 10% all the way up to…
ListenTaxes and divorce, talk about a bad day. All we have to do is talk about those subjects. But sometimes we need to really talk about those. If…
ListenIRA for kids. Let's say your kid goes out and starts cutting grass or doing something outside the household in which they are earning money. Remember they can…
ListenDo you support your parent? Do they maybe live in your house or live in a care facility in which you basically help support them? Remember there is…
ListenKids are going to go to college, guys, at least we hope so. And what we want to be able to do is find out where are the…
ListenStudent loan interest. This can be a tricky thing because a lot of times parents have actually gotten the loans for the kids because they wanted to help…
ListenChild tax credits on the American Rescue Plan we call the ARP act of 2021. They temporarily expanded the child tax credit for allowable families to claim the…
ListenOctober 2, 2021
Welcome to another episode of the Dr. Friday Radio Show! In this episode, Dr. Friday takes on the latest tax updates, answers callers questions, and talks over the…
#IRS Debt Resolution#Savings Bond Taxation#Tax Refund Delays#Estimated Tax Payments
ListenAsk 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.