Blog
Tax-Saving Series: Part 1 – Real Estate Strategies to Cut Your 2023 Taxes
With only two months remaining in 2023, we are excited to kick off Part 1 of our Tax-Saving Series, which is dedicated to helping you cut your taxes effectively. This installment focuses on Real Estate Strategies, a powerful tool for reducing your 2023 tax bill. What...
Meet Our Founder: Miguel Palma
Miguel Palma CEO, CPA, PFS, CGMA, Tax Advisor & Founder of Palma Financial Services Miguel's accounting journey began at 18, and he quickly climbed the ranks at firms like Deloitte, PwC, and Levi Strauss & Co. His goal? To help folks like you save income taxes...
Potential Government Shutdown: What Taxpayers Should Know
As you may be aware, there is a possibility of a government funding lapse towards the end of September. Discussions on how to fund essential government operations are ongoing without a clear consensus. A government funding lapse could have notable consequences for...
Alaska: The Last Frontier of Tax Freedom
Welcome to the concluding email of our Tax-Free State Strategy Series. Today, we venture to Alaska's wild and pristine landscapes, the Last Frontier, where tax freedom and natural beauty collide. No State Income Tax: Alaska proudly stands as one of the states with no...
South Dakota: Where Taxes Take a Backseat to Scenery
Welcome to the fifth chapter of our Tax-Free State Strategy Series. Today, we're venturing into the breathtaking plains and Badlands of South Dakota, a state celebrated not only for its stunning landscapes but also for its wallet-friendly financial perks. No State...
Nevada: The Silver State Where Taxes Stay Low
Greetings from the Tax-Free State Strategy Series! Today, we're shining a spotlight on Nevada, the Silver State. Nevada's appeal extends far beyond its glitzy casinos; it's also a tax haven with several financial advantages. Zero State Income Tax: Like Florida and...
The Tax Haven of Texas: No State Income Tax Here!
Welcome to the second installment of our Tax-Free State Strategy Series. Today, we're highlighting the Lone Star State—Texas. Renowned for its vast landscapes, vibrant cities, and legendary hospitality, Texas is also famous for its financial advantages. No State...
Sun, Sand, and Tax Savings: Explore Florida’s Tax Treasures
I am excited to guide you through an installment of our Tax-Free State Strategy Series. This time, we're setting our sights on the Sunshine State—Florida. Famous for its pristine beaches, lively culture, and eternal sunshine, Florida is equally enticing for its...
Urgent Tax Alert: IRS Ceases ERC Processing Amid Rising Concerns
The IRS has recently announced a significant change regarding the Employee Retention Credit (ERC), and we want to ensure you're aware of its implications. According to the IRS publication IR-2023-169, dated September 14, 2023, the IRS has imposed a moratorium on...
🚀 Turbocharge Your Wealth by Relocating—Only 60 Days Left to Act!
As a business owner, professional, or individual who values financial efficiency, you're about to embark on a journey that could significantly minimize your tax burden and transform your financial outlook. The Power of Zero: No State Income Tax Imagine a scenario...