by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Apr 25, 2014 | Featured
Prior to 2010, Bob Mason was living the good life. In partnership with his Dentist, they owned a local horse-boarding ranch on 114 golden California acres. They were approaching two decades of working together when the unthinkable occurred – the Dentist...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Apr 7, 2014 | Featured
For most homeowners, being upside down on their mortgage seems normal. But with the economy on an upswing, this may soon not be the case for much longer.According to DataQuick President John Walsh The median home price across the state rose 22.1% from a year earlier,...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Apr 2, 2014 | Featured
Here at Palma Financial Services, Inc., we often encourage our clients to establish a corporate entity for their business activities. A corporate entity is afforded the same rights as a natural person. In 1886, the Chief Justice of the Supreme Court extended the...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Mar 31, 2014 | Featured
During my career I have been blessed with the opportunity to work with visionaries and people that do not take no for an answer. Carlos Figueroa is one of those individuals; he was a paratrooper during WWII and a successful real estate broker in San Francisco,...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Mar 5, 2014 | Featured
I have a client who for purposes of this article we shall call Bob. I have known Bob for over 15 years. Approximately 12 years ago Bob and I had a discussion about his young sons college education. Bob was concerned how he was going to pay for it. I proposed a life...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Mar 4, 2014 | Featured
Tengo un cliente a quien para efectos de este articulo llamaré Bob y al cual conozco por más de 15 años. Aproximadamente hace 12 años Bob y yo tuvimos una discusión acerca de la educación universitaria de su hijo quien aún era muy joven. A Bob le preocupaba como iba a...