Blog
Stay Ahead of the Trends 📈 – Small Business Concerns in 2023
As a small business owner, staying ahead of your business's trends and challenges is crucial to your success. Since the second quarter of 2023 is beginning, it's important to review the top concerns facing small businesses to stay informed and prepared for the...
🚫🚗💸 Don’t Buy an Electric Car Without Reading This First!
Are you thinking about purchasing an electric car? With the electric vehicle (EV) market growing rapidly, it's an exciting time to consider a greener, more sustainable way of driving! 💚 However, before you take the leap and make a purchase, there are a few things you...
💔Divorce and Taxes: A Match Made in…IRS Heaven?💸
💔Going through a divorce is tough enough, but it's important to consider the financial implications, including the tax treatment of child support payments and alimony. Here's what you need to know: 💰 Alimony Payments Alimony payments were tax-deductible for the payer...
💸🚨 IRS Unveils $80 Billion Strategic Plan: What Business Owners Need to Know 💼📈
🚨 Attention all business owners and high-net-worth individuals! 💼 The IRS has just unveiled an $80 billion strategic plan to close the "tax gap" and increase revenue. Here's what you need to know to stay ahead of the game: 💰 Increased audits for wealthy taxpayers: The...
💔 Spousal Support and Taxes: An Unfortunate Match 💰
One of my clients recently asked me for a friend: "She is paying her ex-husband alimony and spousal support of $150,000 and $280,000 based on her 2017 divorce decree. Her accountant told her that these payments are no longer payable." Here's what you need to know: 💼...
🚨 Protect Your Business During Uncertain Times 💼
Are you worried about the impact of a recession or slowdown on your business finances? Do you have questions about minimizing tax liability and staying compliant with tax laws? 🤔 At Palma Financial Services, Inc., we understand the challenges that come with running a...
🚫 Why Holding Real Estate in an S-Corp Could Hurt Your Bottom Line 🏠💸
Are you considering holding your real estate in an S-Corporation? Think twice! 🤔 While there are some tax benefits to holding real estate in an S-Corporation, significant drawbacks could hurt your bottom line. Here are five reasons why you should avoid holding real...
⏰ Only 30 minutes left! 🔥 Don’t miss out on our Retroactive Changes to R&D Tax Credits Webinar. Join us now!
🎬 Lights! Camera! Action! Our exclusive webinar "R&D Tax Credits: Retroactive Changes To Expenses You Need to Know Before Filing Your 2022 Business Taxes" starts in just 30 minutes! Here's what you'll learn: 💼 The impact of recent changes on your business 💰 How to...
🚨 Register Now: Retroactive Changes to R&D Tax Credits Webinar Starts Tomorrow!
Don't miss out on this valuable opportunity to learn about the retroactive changes to R&D tax credits and how to file your taxes under the new law. Our expert panelists will discuss the latest updates, best practices, and strategies for maximizing your R&D tax...
💸 Save Your Business from Huge Tax Bills: 📝Learn How to Comply with New R&D Tax Credit Rules
Hello ! ⏰ The clock is ticking, and the retroactive changes to R&D tax credits are here, starting with your 2022 business taxes! If unprepared, you could be hit with a massive tax bill and penalties that could sink your business. 💸 That's why we're excited to...