by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | May 1, 2023 | Accounting Services, Tax Assessment
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...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Apr 24, 2023 | Accounting Services, Tax Assessment
Did you know that in 1943, the US government taxed anyone who owned a telephone? Or that in Illinois, candy that contains flour is not subject to sales tax? 😮 If you love quirky tax facts like these, our fun and informative quiz is perfect! Are you ready to test your...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Apr 22, 2023 | Business Planning, Accounting Services
In today’s fast-paced world, seeking quick answers to complex financial questions is important. 💸 However, relying on advice from a CPA who is not formally engaged can be risky. At Palma Financial Services, we want to ensure you receive the most accurate and...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Apr 1, 2023 | Accounting Services, Tax Credits
The Employee Retention Credit (ERC) is a hot topic among eligible employers but beware of false promises and fraudulent tax forms that can lead to serious civil and criminal penalties. As the IRS opens the 2023 Dirty Dozen list with a warning about ERC claims and...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Mar 29, 2023 | Tax Advisory, Accounting Services
As a 💼CPA, 🧮tax advisor, and 💰personal financial specialist, I have been fortunate to work with many clients and help them achieve their financial goals. One of the most rewarding experiences in my profession was helping Jose Antonio plan for his son’s college...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 25, 2023 | Accounting Services, Consulting Services
What is the problem with the current breed of tax accountants? By definition, the word proactive is “creating or controlling a situation by causing something to happen rather than responding to it after it has happened.” What does all of this mean when it...
