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Big Refund In The Upcoming Tax Season

Tax season is at the corner and many taxpayers across the country will start experiencing low to high fever about the tax issue this year. Well, if you are self-employed and you don’t have a good accountant like Mr. Peter Deng of Peter Deng Tax Service then your fever could even go higher, and it is understandable.

Everything is fun in America, but taxes are not fun to deal with, during the tax time many taxpayers who haven’t paid their good share of taxes during the year ended up paying big to Uncle Sam and State department of taxes during tax time. Business People end up paying millions of dollars back to the IRS and State department of taxes and even the local taxes. Homeowners also pay for their property taxes and so on.

Despite the fact that tax time is not fun, and it is a season that is not celebrated by everyone, well there is still one group of people that look forward to the tax season knocking at their doors. The low-Income American group is the one being favored by the tax system. Low-income American families takes home every tax season millions of dollars in tax refund. The family of 5 members earning yearly wages of $18,000 to $25,000 could take home a refund amount of over $10,000 which is almost half their yearly income. This group is expected to get a big refund this tax season compared to last year.

Last year’s tax season was the worst tax season ever with the families not getting full child tax credit refunds due to the advance payment that was made out to them during the year by the IRS. Families who used to rely on their tax refund to survive were affected so badly for something that was poorly planned by people in power that changed tax rules. This coming tax season is different because no child tax credit payments were made in advance like last year, and so families with less income are expected to get a big refund this year. 

It is going to be a big tax season for families with children and who make less income at the same time.

I am Alive, So Greet Me Now

Greet me now, love me now, play with me now because the time will come when I will be the tallest tree in the jungle and the only tree with good shade you will dearly need at that moment.

Celebrate the best of me now while I am still alive so that when I am gone you won’t regret not celebrating it.

Bring me flowers of love, appreciation and of gratitude now while I am still breathing in the fresh air and not when the roots are above me. Cherish my achievements now while I am still alive so that I can feel you too. Let me know you love me as a friend, a brother, a good colleague, and good community member. Show it to me while I am still here so that I can feel and enjoy it. Don’t show me after I am under the roots with your flowers of goodbye forever. Bring my flowers now while I am still well alive with you so I can see your facial impression.

Don’t hate me because of what you hear from others or because of your negative imagination. Cherish me as a real human being. Greet me now with love for I may not be here tomorrow. You may want to greet me heartedly tomorrow, but I won’t be there to receive your kind greeting or what you considered as your kind of flowers.

You may want to bring flowers of all kinds, but it will be too late. You will cry when I am gone for the long journey, but your cry is going to be important only because you are not going to set your charming eyes on me. I became a very important person to you and to the world when I am gone but now, I am not and somehow considered by few heartless as a person of no value. You will wish you never thought this way of me when I am gone for my never returning journey. Love me now, support me now and promote me now when you still have a chance to do so. No one is sure of tomorrow, but we all assume that we will reach tomorrow alive.

Greet me now, give me my Christmas gift now, sit at the same table with me now and let’s share a good talk, good food and thank God for the good life because tomorrow I may be gone.

Tomorrow uncertainty, I may not be there to crack jokes and share good food with you. Tomorrow you will wish to have a good time with me, but I won’t be there for you and the world will turn dark and darker for you.

Play with me now as God know well about tomorrow. Play with me now when I can still play. Don’t play with me when I am not there, don’t love me when I am gone, love me when I am still here because tomorrow I will be the tree that will provide you with good shade.

Oh, my best friend, greet me now, give me my flowers now and don’t take life for granted because tomorrow I may be gone and gone.

About Author:

Peter Deng is a Professional Tax Accountant and Business Consultant based in Burlington, Vermont USA. Mr. Peter Deng, MBA, MSA is also known as a serial entrepreneur who is good at creating small businesses across East Africa. If you find yourself in Kenya, you may have been in one of his Matatu vehicles, but you will never know that matatu is owned by him. Same thing in Uganda and South Sudan where he runs other small businesses. Mr. Peter love crunching numbers all the time and during his free time he write short stories that are meaningful to life.

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

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.

Child Tax Credit

The side effect of the advance Child Tax Credit payment
As the Coronavirus hits the universe, the world leaders and normal citizens scramble in circles not knowing what to do or where to go just like a poor fly in the closed bottle. Companies begin to shut their doors, people start quitting their jobs or being let go by the employers for the fear of catching Covid-19. People stayed home more and that meant more food was consumed. As people began consuming more food, the savings account began to run out of money especially in America. People begin to leave from hand to mouth. To make the matter worse, American people are not good at saving and therefore, were hit harder by the Covid-19. The citizens didn’t know where to begin, the only way out was to start yelling at the government for help not knowing that their government is still in debt with the Chinese government. But, nevertheless, the government issued three stimulus checks to the people. Thanks to former President Donald Trump who put people and small businesses first. 

One would think that three stimulus checks were enough for people, well it wasn’t. It in fact activated what I called the mentality of wanting free money while using covid-19 as the reason for wanting more money. The demand for needing more and more money on a monthly basis grew and the best thing the government could do was to fool the taxpayers by paying the Child Tax Credit in advance instead of waiting until the tax file time. Smart technique, I call it. The families have been happily collecting their Child Tax Credit advance payment without thinking that they are eating into their tax refund in advance. This is something hard for the taxpayers to understand right now because their government plays a smart game on them but will all surely understand in this upcoming tax season.

This Child Tax Credit advance payments that taxpayers have been collecting is going to affect the refund amount families with children usually expect or supposed to get during the tax file season. The government is way smarter than you “taxpayer” and knows what is in the cup. Instead of giving you free money like what other governments in developed countries have been doing for their citizens, the U.S. government decided to pay you your tax refund in advance to make you feel that your government cares about you. For sure the government cares about you but the bottom line is that you are not going to be super happy in the upcoming tax season. But don’t worry if you live in Vermont, Peter Deng Tax Service has already figured out everything for you and is ready to get you your big refund as usual.

Now that you know you have been eating and continue to eat into your future tax refund you may need to plan carefully especially if you don’t have access to Peter Deng Tax Service or any other good tax service. The good news is Peter Deng Tax Service’s office can help you still get your normal refund or even bigger refund if you live in Vermont where Peter Deng Tax Service office is located or you are able to connect with us at www. peterdeng.com or Stop by at 139 Elmwood Ave, Burlington, VT 05401 or call 802-393-9507. Come back again for articles related to tax and finance.  

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