The “Dirty Dozen” campaign features 12 scams and schemes that pose significant threats to taxpayers. While it is not a legal document or a formal list of enforcement priorities, this educational initiative aims to increase awareness and shield taxpayers and tax professionals from prevalent tax scams and fraudulent activities.
Struggling with overwhelming tax debt? The Offer in Compromise (OIC) program allows eligible taxpayers to settle with the IRS for less than they owe. If paying your full tax bill would create financial hardship, this may be the solution for you!
Learn how to qualify, apply, and maximize your chances of approval. Read more at Peden Accounting Services: pedenaccountingservices.com
Below, we’ll look at the top five “must-dos” that can help you retire with confidence—covering everything from making sure you don’t outlive your savings to nailing your Social Security timing. Because let’s face it: Retirement is more than a date on the calendar. It’s a financial pivot, and you want it to be a smooth one.
Discover how the FREEDOM Map from Peden Accounting Services helps you align your financial goals with your life priorities, breaking down big dreams into manageable steps for a sustainable and fulfilling future.
At Peden Accounting Services, we understand that achieving financial success is about more than just numbers—it’s about aligning your goals with your life and building a sustainable future. That’s why we created the FREEDOM Map, a holistic approach to financial planning that sets us apart from traditional methods.
Discover how Chris Peden’s FACT Maps help entrepreneurs uncover hidden financial challenges, tackle misconceptions, and make smarter decisions to drive sustainable business growth.
Building a successful business takes more than passion and hard work—it requires a clear understanding of one’s financial health. Chris Peden, a financial consultant with years of experience helping businesses thrive, shares insights into how his FACT Maps empower entrepreneurs to uncover hidden financial challenges and chart a path to success.
Thieves use taxpayers’ natural fear of the IRS and other government entities to ply their scams, including e-mail and phone scams, to steal your money.
Gambling is a recreational activity for many taxpayers, and as one might expect, the government takes a cut if you win and won’t allow you to claim a loss in excess of your winnings.
A federal tax credit for the purchase and installation costs of a residential solar system is fading away. After being 30% of the cost for several years through 2019, the credit amount drops to 26% in 2020 and then 22% in 2021, the final year of the credit.
If you have lost your job, there are a number of tax issues you may encounter. How you deal with these issues can profoundly impact your taxes and finances.
Because of the COVID-19 pandemic emergency, the IRS postponed the original due date for filing 2019 returns to July 15, 2020. If you could not complete your 2019 tax return by July 15 and filed a request for additional time to file, that extension expires on October 15, 2020. Failing to file before the extension period runs out may cost you late-filing penalties.
