Dr. Friday explains the importance of accurately reporting all income, even if you don’t receive a 1099 form for every payment. Underreporting income is a major audit trigger…
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Tax questions
IRS letters & problems
Notices, audits, back taxes, penalties, payment plans, and what an Enrolled Agent can do about them.
141 answers
Dr. Friday discusses the tax implications of early IRA withdrawals, emphasizing the need to account for penalties and tax brackets accurately. If you're under 59 ½, expect a…
ListenNovember 16, 2024
Welcome to the Dr. Friday Show from November 16, 2024! Dr. Friday, an enrolled agent and tax consultant, dives into timely financial tips and tax strategies to help…
#Estate Planning#Qualified Charitable Distributions#IRS Debt Resolution#Beneficial Ownership Reporting
ListenNovember 9, 2024
In this episode of the Dr. Friday Radio Show, Dr. Friday discusses essential tax updates, business requirements, and strategies for keeping on top of IRS obligations. Whether you’re…
#Beneficial Ownership Reporting#IRS Notice Resolution#IRS Debt Resolution#Self-Employed Tax Deductions
ListenOctober 26, 2024
In this episode of the Dr. Friday Radio Show, Dr. Friday addresses tax extensions for those impacted by Tropical Storm Helene, tax planning, and ways to manage unexpected…
#Lost Tax Returns#IRS Debt Resolution#Tax Scam Prevention#Inherited Property Basis
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Why Early Tax Document Preparation Prevents Costly IRS Penalties
IRS letters & problems
In this episode, Dr. Friday emphasizes the importance of organizing tax documents early, even though it's October. She advises preparing a checklist of all jobs and sources of…
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Last Day to File 2023 Taxes: Extension Deadline and Penalties Explained
Deadlines & filing
October 15th marks the final day to file your 2023 taxes if you were on an extension. Dr. Friday warns that failure to file by today can lead…
ListenIn this episode, Dr. Friday, an IRS-enrolled agent, explains how she can assist with tax filing and IRS-related issues. Whether it's handling K-1 forms, real estate sales, or…
ListenSeptember 28, 2024
In this episode of the Dr. Friday Show, financial counselor and tax consultant Dr. Friday discusses various tax-related topics, provides advice on business practices, and answers caller questions…
#Capital Gains Deferral#Capital Gains Taxes#Estimated Tax Payments#Social Security Benefits
ListenJuly 20, 2024
In this episode of the Dr. Friday Radio Show, Dr. Friday, an enrolled agent licensed by the Internal Revenue Service, discusses various tax-related topics and answers caller questions.…
#Inherited Property Basis#IRS Debt Resolution#Business Equipment Deductions#Gift Tax Returns
ListenMay 25, 2024
In this episode of the Dr. Friday Radio Show, Dr. Friday discusses various tax-related topics, including franchise excise requirements, inheritance tax, and the American Family and Work Act…
#Tennessee Franchise Tax#Business Recordkeeping#Home Sale Exclusion#Inherited Property Basis
ListenMay 11, 2024
In this episode of the Dr. Friday Show from May 11, 2024, Dr. Friday covers a range of tax-related topics, including updates on tax laws, advice for handling…
#IRS Debt Resolution#Amended Tax Returns#Tennessee Franchise Tax#Estate Planning
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