Tax questions
Dependents, child credits, childcare, college costs, student loans, adoption, and divorce.
In this episode of the Dr. Friday Radio Show, Dr. Friday delves into crucial tax updates and financial strategies. From the essentials of tax preparation to navigating new…
#W-4 Withholding#Cryptocurrency Reporting#Business Vehicle Deductions#Capital Gains Deferral
ListenDr. Friday, the head of Dr. Friday's Tax and Financial Firm, delves into the intricacies of the Earned Income Tax Credit (EITC) for the year 2023. She explains…
ListenOne-minute answer
Deductions & credits
Dr. Friday, President of Dr. Friday's Tax and Financial Firm, elucidates the intricacies of the student loan interest deduction. This tax benefit allows borrowers to deduct up to…
ListenOne-minute answer
Deductions & credits
Dr. Friday, president of Dr. Friday's Tax and Financial Firm, discusses the crucial aspects of student loan interest deductions. The focus is on the income thresholds that affect…
ListenOne-minute answer
Deductions & credits
episode, Dr. Friday illuminates the benefits of the Lifetime Learning Credit, a valuable tax break for education expenses. She explains that taxpayers can claim 20% of their first…
ListenOne-minute answer
Deductions & credits
Dr. Friday, President of Dr. Friday's Tax and Financial Firm, delves into the important aspects of the Child and Dependent Care Credit. She emphasizes that this credit is…
ListenOne-minute answer
Deadlines & filing
Dr. Friday, President of Dr. Friday's Tax and Financial Firm, sheds light on the Child Tax Credit (CTC) for the 2023 tax year. She emphasizes the importance of…
ListenOne-minute answer
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.…
ListenOne-minute answer
Family & education
Dr. Friday addresses a common and complex issue in tax filing: the legitimacy of claiming dependents. She highlights a scenario where individuals may mistakenly claim their partner's children…
ListenDr. Friday, a seasoned tax expert and president of Dr. Friday's Tax and Financial firm, delves into the significant tax changes that occurred at the end of 2018,…
ListenOne-minute answer
Deductions & credits
Dr. Friday delves into the nuances of student loan interest deductions. Discover how parents can gift their payments to benefit their children's tax returns. Plus, learn about similar…
ListenDr. Friday delves into a common query: Can you claim a relative and their child as dependents if you've provided for them throughout the year? Discover the criteria…
ListenAsk Dr. Friday
Send it in. Questions may be answered on an upcoming episode or video, first name only.
