by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 4, 2024 | Accounting Services, Business Planning, Consulting Services, Financial Services
Effective January 1, 2024, theĀ Corporate Transparency Act (CTA)Ā 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 | Feb 21, 2023 | Consulting Services, Tax Deductions
Are you overpaying on your taxes? With the US tax code being over 70,000 pages long, it’s easy to miss potential savings, even for experienced business owners like yourself. What if I told you you could save up to $58,618 on your taxes this year? I can help you...
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...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 11, 2023 | Consulting Services, Tax Strategy
Maximize your YouTube earnings by taking advantage of tax deductions. Do you need help figuring out your tax obligations as a social media influencer or YouTuber? It’s no secret that taxes can get complicated, especially as new revenue streams come into play....
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 10, 2023 | Consulting Services, Tax Planning
Taxes got you stressed? Is Tax Planning the Answer? Many people, including tax professionals, need to understand the term and realize that tax projections and planning differ. Tax projections estimate your taxable income for the year based on your current income and...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 4, 2023 | Consulting Services, Pro Tips
What are the most important income tax matters for a digital nomad moving to Mexico? As a digital nomad considering moving to Mexico, there are several key income tax matters to consider: Tax residency:Ā Will you be considered a Mexican tax resident based on your home...
