David Peters, in addition to his work in the financial industry, is an acclaimed and in-demand educator. As an adjunct faculty member at Winthrop University, a featured lecturer for the CPA society, and an instructor for several required certification courses for CPAs, he speaks financial professionals all over the country, trying to make sure they have access to the best information possible to create successful and responsible financial businesses. Demystifying Finance is his attempt to give you the same information. Through a multimedia approach, he breaks down financial concepts in a way that is accessible and useful for the everyday budgeter. 

Although it may not seem like it, the United States tax system is a “pay as you go” system. That means you need to make estimated tax payments to the IRS throughout the year or else owe an additional penalty on top of what you already owe in tax burden. Many employers withhold taxes from their employees’ paychecks throughout the year but if you are an independent contractor, self-employed, or otherwise responsible for making your own estimated tax payments, this video lays out the basics of estimated taxes: how much to pay and when. IRS Estimated Tax Overview Page: https://www.irs.gov/businesses/small-businesses-self-employed/estimated-taxes Visit us at www.davidpetersfinance.com! David R. Peters is a Certified Public Accountant (CPA) and Certified Financial Planner (CFP), with over fifteen years of experience in financial services. He was formerly the Chief Financial Officer of Compare.com and has been a financial advisor since 2015. He holds master’s degrees in accounting, business administration, and financial services and is pursuing a Ph.D. in Financial Planning & Retirement Income at The American College. He is currently a continuing education instructor for the American Institute of Certified Public Accountants, Surgent, and Kaplan Professional, and the President and owner of David Peters Financial Group Inc, Peters Tax Preparation & Consulting PC, and Peters Financial LLC. *Note: Comments on this video have been disabled in order to stay in compliance with regulatory guidelines. We welcome any questions or comments at info@davidpetersfinancial.com. *Required Disclosures* Registered Representative of and securities offered through Cetera Advisor Networks, LLC, Member SIPC/FINRA. Advisory services offered through Carroll Financial Associates, Inc., a Registered Investment Advisor. Carroll Financial and Cetera Advisor Networks, LLC are not affiliated.

If you are self-employed and use your personal vehicle to go about the day-to-day operations of your business, you may find yourself wondering if you can take a tax deduction for all those miles you are racking up on your odometer. The answer is more complicated than you might think! In this video, Dave outlines the difference between “business” mileage and “commuting” mileage, talks about where someone who is able to take this deduction would do so, and for how much. Visit us at www.davidpetersfinance.com! David R. Peters is a Certified Public Accountant (CPA) and Certified Financial Planner (CFP), with over fifteen years of experience in financial services. He was formerly the Chief Financial Officer of Compare.com and has been a financial advisor since 2015. He holds master’s degrees in accounting, business administration, and financial services and is pursuing a Ph.D. in Financial Planning & Retirement Income at The American College. He is currently a continuing education instructor for the American Institute of Certified Public Accountants, Surgent, and Kaplan Professional, and the President and owner of David Peters Financial Group Inc, Peters Tax Preparation & Consulting PC, and Peters Financial LLC. *Note: Comments on this video have been disabled in order to stay in compliance with regulatory guidelines. We welcome any questions or comments at info@davidpetersfinancial.com. *Required Disclosures* Registered Representative of and securities offered through Cetera Advisor Networks, LLC, Member SIPC/FINRA. Advisory services offered through Carroll Financial Associates, Inc., a Registered Investment Advisor. Carroll Financial and Cetera Advisor Networks, LLC are not affiliated.

Are you eligible to take a tax deduction for your home office? In this video, Dave outlines the basic requirements for home office deductions and defines some terminology you might encounter if you discuss this deduction with a financial professional. This includes how the 2018 tax law changes affect home office deductions and how the “Actual Expense” method of calculating a home office deduction differs from the “Standard Rate” method. Visit us at www.davidpetersfinance.com! David R. Peters is a Certified Public Accountant (CPA) and Certified Financial Planner (CFP), with over fifteen years of experience in financial services. He was formerly the Chief Financial Officer of Compare.com and has been a financial advisor since 2015. He holds master’s degrees in accounting, business administration, and financial services and is pursuing a Ph.D. in Financial Planning & Retirement Income at The American College. He is currently a continuing education instructor for the American Institute of Certified Public Accountants, Surgent, and Kaplan Professional, and the President and owner of David Peters Financial Group Inc, Peters Tax Preparation & Consulting PC, and Peters Financial LLC. *Note: Comments on this video have been disabled in order to stay in compliance with regulatory guidelines. We welcome any questions or comments at info@davidpetersfinancial.com. *Required Disclosures* Registered Representative of and securities offered through Cetera Advisor Networks, LLC, Member SIPC/FINRA. Advisory services offered through Carroll Financial Associates, Inc., a Registered Investment Advisor. Carroll Financial and Cetera Advisor Networks, LLC are not affiliated.