Employee or independent contractor. That seems to be a million dollar question. The state, the Federal, the IRS, almost every agency is now looking into this question. The…
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Tax questions
Small business & self-employed
Entity choice, self-employment tax, home office, vehicles, gig income, and keeping the IRS happy.
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Small business & self-employed
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122 answers
One-minute answer
Health Insurance Premiums for Self-Employed Are 100% Deductible
Deductions & credits
Again, for my entrepreneurs, remember health insurance premiums for the self-employed are 100% deductible for your insurance premiums on and above the line deduction. Meaning guys, it's going…
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Radio Show
May 1, 2021
Another episode of the Dr. Friday Radio Show is here, and you won't want to miss it! In this episode, Dr. Friday talks all about taxes, new tax…
#Stimulus Checks#Tax Refund Delays#IRS Debt Resolution#Capital Gains Taxes
ListenOne-minute answer
How Much Money Do I Need To Make To Be Self-Employed?
Small business & self-employed
I think this is always a great question. Someone sent in a question saying, "My son is a newspaper carrier. I would like to know if his income…
ListenI have a person that says they received 1099 instead of a W 2, but they're not self-employed. "How do I report this on my tax return?" Well,…
ListenYou had a lot of repairs done on your primary home this year. And you're probably wondering, there's got to be someplace where you can deduct those on…
Listen"I have a home office, but I'm an employee, can I deduct that from my tax return?" Now we've probably covered this in a couple of other moments…
ListenWe are getting close to the tax deadline for corporations partnerships LLCs. Anything that was basically a separate entity on March 15th. If you have are not ready…
ListenWe're preparing tax returns and PPP money. Keep in mind under the new tax law, they changed on 12-21-20. They basically said that in addition to expanding the…
ListenUp until the year 2017, we had a big change in all taxes, and people basically lost what was called the 2106 come 2018. That was where employees…
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Radio Show
January 30, 2021
Welcome to another episode of the Dr. Friday Radio Show! In this episode, Dr. Friday shares all the updates on taxes and also the following topics: Have Your…
#Inherited Property Basis#PPP Loan Forgiveness#Medicare IRMAA Surcharges#IRS Debt Resolution
ListenFriday Tax and Financial Firm. To get more info go to www.drfriday.com. Dr. Friday 0:12 1099's are essential to small business owners, we must 1099 anyone that makes…
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