by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Nov 21, 2013 | Featured
Dentists may not think their patients’ private health information is in danger, however, what happens if your patients’ records are lost or stolen? ?It is not only disconcerting; it can also damage your reputation and your finances.With more practices...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Oct 22, 2013 | Featured
Now is the time to lock in a strategy for year-end tax planning. This year in particular will see many changes – some tax breaks are expiring while some affluent individuals will witness higher rates. Tax publisher, CCH, a Wolters Kluwer company, recently...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Sep 30, 2013 | Featured
On October 1, 2013, all U.S. citizens can begin shopping for affordable health care. Kaiser Permanente, one of the largest health providers in California has created an online calculator (for all 50 states) to determine what you might be paying under the Affordable...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Sep 24, 2013 | Featured
The October 15 deadline is fast approaching. If you are looking for additional ways to reduce your tax liability, there is still time for Palma Financial Services, Inc. to secure your tax incentives. To find out if you qualify for additional tax credits or deductions,...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Aug 22, 2013 | Featured
Time is quickly running out to take advantage of this year’s increased Section 179 deduction and bonus depreciation. To take advantage of the increased limit, and bonus depreciation (both of which are currently set to expire on December 31, 2013) machine tool...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Aug 20, 2013 | Featured
The deadline for U.S. Individual Income Tax Returns (with extension) is October 15, 2013. However, business entities need to be aware that the following forms are due September 16, 2013 (if an extension was requested): Form 1041 – U.S. Income Tax Return for...