by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Feb 8, 2024 | Tax Planning, Accounting Services, Tax Advisory, Tax Strategy
As the 2024 tax season officially kicks off, it’s crucial to remember that not all tax-saving strategies are created equal. Ever wondered about the perks of investing in a Maltese individual retirement arrangement or exploring Puerto Rican captive insurance?... by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 12, 2024 | Accounting Services, Bookkeeping, Business Planning, Consulting Services
I’m back, but not with another game-changing policy: Umbrella Insurance. Think of it as a security blanket for your finances, protecting against unforeseen lawsuits and liabilities. It’s an invaluable asset for both business owners and rental property... by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 6, 2024 | Accounting Services, Bookkeeping, Business Planning, Business Protection, Consulting Services
Was your company created before 2024? As part of the new Corporate Transparency Act (CTA), companies like yours are required to submit a Beneficial Ownership Information report (BOI) by the extended deadline of January 1, 2025 (equivalent to December 31, 2024). Here... by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 4, 2024 | Accounting Services, Business Planning, Consulting Services, Financial Services
Effective January 1, 2024, the Corporate Transparency Act (CTA) brings new filing requirements for US businesses. Who needs to file? Most corporations, LLCs, and other business entities (called “reporting companies”) are formed or registered in the US.... by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Dec 20, 2023 | Tax Assessment, Accounting Services, Tax Deductions
Why Consider Prepaying Expenses? Prepaying business expenses offers a strategic edge. By advancing payments for rent, insurance premiums, lease payments, and service contracts now, you can shift a major portion of your expenses to the current year, lowering your... by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Dec 18, 2023 | Webinar, Accounting Services, Tax Assessment, Tax Deductions, Tax Planning, Tax Strategy
Hey! our webinar, “Is Your Tax Bill Bigger than Your Christmas List? Tax Planning Strategies to Implement Before December 31” is LIVE RIGHT NOW! JOIN US HERE