Blog
Think You Know About Life Insurance? Test Your Tax Knowledge!💡
Are you aware of the tax benefits that come with life insurance policies? 🤔 Take our quiz and test your knowledge! 👉 The death benefit of a life insurance policy is generally paid out income tax-free to beneficiaries. True False 👉 Life insurance payouts are generally...
Why Ignoring Your Life Insurance Policy Could Cost You and Your Family 💲
🛡️👨👩👧👦 The Shocking Truth About Life Insurance Are you confident that your life insurance policy still meets your needs? Neglecting to review your policy every 3-5 years can expose you to financial risks that could affect your family's financial security. At Palma...
Taxes Suck – We Get It! But We Can Make Them Suck Less! 🧾💸💰
Is it possible to identify tax-saving techniques to implement before submitting your extended tax return? There exist several methods that can still help you save money. 💡💰 As a business owner, did you know you could save an average of $37,000 annually by implementing...
Are You Making These Costly Accounting Mistakes? 💸📉
👀 Are you among the many business owners forced to extend their taxes this year because your accountant failed to properly advise you on classifying expenses to comply with the new tax laws? 🤔 I've noticed that many business owners are forced to extend their tax...
Is Your CPA’s Job at Risk? 🤔
Do you want to know the brutal truth? You might have been throwing away your hard-earned cash by overpaying your taxes to the IRS! 😱 If your CPA were an employee, they would probably get fired for this, but here you are, working with them again after the IRS reached...
May The FORCE Be With You! 🚀 May the Power of Tax Planning Be With You 🌟
As a fellow Star Wars fan 🤖, we are excited to join you in celebrating May the Fourth!🌠 However, we also want to remind you of the importance of tax planning in achieving your financial goals. 🛸Like the Jedi use the Force to overcome challenges, tax planning requires...
My Love Life May Be A Mess, But At Least My Taxes Are In Order 🤷♂️💰
🤔💸 Are you tired of dealing with the complicated and tedious 70,000-page US tax code? Don't worry! You're not alone! Even CPAs struggle to keep up with all the tax-saving options available.😩🤯 💰💪 You want to keep more of your hard-earned money, and I want to help you...
How Much Has the US Income Tax Rate Changed Over the Years? Take Our Historical Tax Rate Quiz!
Did you know that the US has a long and fascinating tax history? From the first federal income tax in 1861 to the latest changes in tax laws, the US tax code has undergone many revisions over the years. If you're curious how much the US income tax rate has changed,...
Happy Labor Day from all of us at Palma Financial Services! 🎉 🌟
As Labor Day approaches, the team at Palma Financial Services would like to take this opportunity to express our gratitude to our hardworking clients who have made remarkable contributions to the workforce. 👨💼👩💼 Labor Day is a special day to recognize and honor the...
Don’t Let Inflation Kill Your Business: Learn How to Take Control and Thrive in 2023 💰💼📈
Are you feeling the pain of dwindling cash reserves and decreasing cash flow? 😫 As a business owner, you know all too well the impact of inflation, supply chain issues, and the threat of an impending recession. But what if we told you there's a cure? 💊Our team of...