+1 802-393-9507    info@peterdeng.com

TAX & FINANCIAL ADVICE

Tax Preparation & Consultant Services

Retire Young Today, live Happy life & Die with Zero Balance in your Bank Account

by in Financial Service

Category: Financial Service

Retire Young Today, live Happy life & Die with Zero Balance in your Bank Account

by Peter Dengin Financial Service

Retire Young and Die with Zero Balance in your bank account by using Peter Deng’s formula.

When we are young, our parents teach us how to be good people inside and outside the community. They teach us to go to college or university and get that piece of paper. And there is nothing wrong with getting that piece of paper but whether that piece of paper truly opens the door of success for you or not, I will leave it to you to answer yourself. However, we all know that education is a key to a good life as Englishman put it. I get it and I am not disputing the truth to it. When we go to college or university, professors teach us textbooks and textbooks and never have a real formula on how to become successful and retire happily at an early age.

We are taught to work hard, hard and harder but we are not taught the formula of healthy life and happy retirement. All we learn from our parents and schools we go to is work, work, work and work. I get it. We all need to work in order to survive and I got that too. The question I kept asking myself before I became a successful businessman was. Is working hard and more hours going to make me retire happy or is there something else that the rich man knows that I don’t?  Asking myself this question everyday for a period of two months led me to establishing this formula which people now call Peter Deng’s Formula. 

In life, there is time for work, time to retire and time to die. Many people in the world nowadays get into their retirement age and right there begin to wonder how to survive if they leave the workforce. This simply happens because they have not been taught the formula. If they knew Peter Deng’s formula 20 years ago they could simply look forward to their retirement time with excitement and not a miserable look on their faces.

I think by now you are wondering why I am not showing you the formula quickly so that you can start. Here we go. 

Retire Happy, retire young, Live Healthy life and Die with Zero balance. Let us say that you are now 30-year-old and planning on retiring at age 65 and you are going to live about 85 years. God bless you with a long life but that is if you live in Western world, or you happen to be blessed in Africa or any other developing nations. Here we are going to use your monthly expenses and we are going to multiply that amount by 12 months and multiply the result by 5.5% (multiply the result by the number 35 years you are waiting to retire + 20 years you expect to live after retiring from the workforce. Multiple the final result with the 12 magic number and you will see what you need to retire at your given age. This will give you the amount of money you need to retire happily and die with zero balance. This may sound complicated or not but in a real sense, it is a very simple and life changing formula that everyone should use. It work like magic and the beauty of it, it is very simple to use. Anyone can apply this formula and it works.

Invest Now not Later

by Peter Dengin Financial Service, Money Transfer, Tax Service

Your future depends on what you do today. It doesn’t depend on what you will do tomorrow. Making an investment is not an easy task, it takes time, energy and off course the little money that you would like to grow to make more out of it.

Before you get in the game of making an investment, investing in companies you got to study thoroughly who you are and why you are a person that people see and know by a given name. Focus on changing your money handling habit and learn to be open and honest to those who lent you their hard-earned dollars. The number one major problem as to why many failed in making an effective investment is all due to the lack of self-train plus poor money habits.

Many people failed to invest before they even open their wallets, why? Simply, they fear losing not knowing that fear of losing is the number one thing that is keeping millions of people around the world in poverty line.

Good habits to start investing now and earn much later are:

Spend from what you have not what you don’t:- When your goal is to save enough to generate enough for the future, you must learn how to spend money wisely. Let’s say, you get paid $10 per hour and you work 40 hours a week. That meant $400 a week before taxes, social security and Medicaid is taken out. Let’s keep it simple by saying that, all these deductions will take $100 leaving you with $300 which is not bad at all but you are basically a survivor. Question everyone struggle within this situation is. How can we start saving giving this small amount? A well, Praise George the author of the book “Mastering Money” stated well “Start with what you have from where you are.” One doesn’t need to earn more to start investing. With the $300 left in hand before food kick in. You can spend $50 on food and invest $50 in what I call smart technique. You can start investing your money by lending to friends who have jobs but happen to have unplanned visitors show up for a visit. Have the friends return the money with $10 on top after two weeks or $20 on top after one month. This is what I call a simple smart investment technique that works very well. It worked in developing countries so well, so I don’t see the reason why it wouldn’t work in America. Stop eating outside a lot. Buy and make your own dish. This will save you more money.

Fix investment amount: – have a fixed amount that you want to invest on weekly basis, put away that amount and never be tempted to touch, even if you have nothing to eat, find the other ways to get something to eat.

Befriend with successful folks: – avoid wasting your time with unsuccessful people or else you will end up like them. Change your life slowly by associating yourself with doers.

Buying home could also be a good investment. Home appreciate in value from time to time and that make it a long term investment.

The bonus to my readers who may be home owners. You may like a blink outdoor camera. I am an Amazon affiliate Marketer. Check out this product by clicking this link https://amzn.to/3Q6tIn8

Article by Tax and business Expert Peter Deng, MSA, MBA

It is Tax Time Already?

by Peter Dengin Financial Service, Tax Service

Yes it is tax time already and we at PDG Tax Services understand that feeling. Worry that you may owe IRS big money and not to mention the state. It is a stressful feeling but we are here to erase off that feeling of stress. We are not experts in Agriculture or food but we are experts in Accounting, Taxes and finance. No one likes to deal with income taxes other than us. crunching numbers is in our DNA. As our founder stated “I love dealing with accounting and finance numbers more than anyone that I know. Dealing with numbers makes me feel good and most importantly when the customer leaves my office with that big smile. That one alone means the entire world to me.” When tax season comes we find ourselves in the world of confusion with so many people saying they are good at doing income tax returns, others acting as middlemen plus the big tax companies that are there to make a profit off taxpayers.

It even gets harder when you don’t have a good experience to choose the right tax preparer. Often people ended up making bad choices by going to the big tax companies that charge too much or go to people who are less experienced in the tax accounting field. But when we take our time, make right decision and go to our own community professional tax preparer such as Mr. Peter Deng of Amaga Group & PeterDeng Tax Service, we save money and time not like H & R block that charged too much. In addition to all of that, Amaga Group & PeterDeng Tax service office is open 24/7 during tax season and even after tax season. So make right decision this year and let Amaga Group & PeterDeng Tax Service handle your tax preparation. Don’t go to those less experienced guys with only few weeks of tax training or big giant tax preparation companies. Why waste your time and money when Peter Deng of Amaga Group & PeterDeng Tax Service is right here for you 24/7?

Here are two good things as to why you should do your tax this year with Peter Deng of Amaga Group and Peter Deng Express. PeterDeng Tax Service/Amaga Group is the only tax service in the area that provides customers with 2 to 3 options to choose from

A) Have him come over to your home and get your tax done at your own comfort.

B) Come to his office and get your tax done.

C) Third option, you can make an appointment any time of the day or night. And yes Peter means it, any time of the day or night. For the busy individuals, Peter Deng is a perfect tax preparer for them. Example, let say you are only available at 12 middle through 3:00am and you would like to make an appointment for 2:00am to get your tax done. It is guaranteed Peter will get your tax done at that time. Imagine, calling one of the big tax companies or those who say they know how to do tax and ask them to give you appointment for 2:00am and see what they are going to say back to you. Their responses will shock you.

Now you know. What’s the problem, Amaga Group is here! Let Amaga Group & PeterDeng Tax Service take away the tax stress from you this tax season and be stress-free.

Amaga Group, the company with tax preparers you can trust. Consider it Done.Build Wealth.See You Smiling

Tax Begin January 31st, 2021

by Peter Dengin Financial Service, Tax Service

Peter Deng’s tax service office is ready for the 2021 tax season. The taxpayers can start filing their taxes right away after receiving their w2. And the deadline to file your tax is going to be April 15th, 2021.

But for those taxpayers who reside in Maine and Massachusetts, you are going to have a different deadline due to the holidays which are only celebrated in these two states. So if you are in Maine or Massachusetts take note that you will have different deadlines. If you are in another state other than Maine and Massachusetts takes serious note that the deadline to get your tax done and submit is April 15th, 2021.