Dr. Friday.
One-minute answer
Deadlines & filing
March 10, 2021
"I purchased stock from my employer under a 423 employee stock purchase and received a 1099 B for selling it. How do I report this?" And this is…
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Dr. Friday.
One-minute answer
Deadlines & filing
March 1, 2021
Many of you have started or are ready to file your taxes. Again, review the forms that you have. Did you get any kind of refunds from your…
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Dr. Friday.
One-minute answer
Investments & capital gains
February 25, 2021
A question that came in asked, "How do I report the sale of a second home?" And this is a little bit tricky because was that second home…
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Dr. Friday.
One-minute answer
Investments & capital gains
January 28, 2021
We keep talking about things we need to know when we're preparing our taxes. Another thing that came through was selling property or selling stock. We've had a…
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Dr. Friday.
One-minute answer
Bookkeeping & payroll
December 17, 2020
There are quite a few people out there doing the flipping. They buy a house, they flip it and then they turn around and sell it. There are…
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Dr. Friday.
One-minute answer
Investments & capital gains
December 1, 2020
Capital gains tax. We still have a 0% tax on capital gains in the right situation. That right situation is people that are in the 15% tax bracket…
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Dr. Friday.
One-minute answer
Investments & capital gains
March 12, 2020
Trying to avoid capital gains? I'm not an expert. I'm going to tell you this right off the top of this, but you need to think about a…
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Dr. Friday.
One-minute answer
Investments & capital gains
March 11, 2020
Capital gains. So let's say you sold your primary home last year, did you think you have to pay capital gains? I gotta give you some good news.…
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Dr. Friday.
One-minute answer
Investments & capital gains
January 30, 2020
A lot of people are thinking about renting out part of their home as an Airbnb - nothing wrong with that. And when you're doing it, you depreciate…
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Dr. Friday.
One-minute answer
Deadlines & filing
January 22, 2020
Now's the time to sit down and start thinking about what do you need to have to prepare your taxes. Your Form W-2 will be in before the…
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