by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | May 12, 2023 | Life Insurance, Financial Audit
Do you want to do something truly special for your family? ❤️ Something that will leave a lasting impact and bring joy to their eyes? Consider writing a love letter! 💌 It’s a simple yet profound gesture that can speak to your loved ones. Pour your heart on...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Oct 17, 2022 | Business Planning, Financial Audit, Financial Services, Tax Planning
If you attended our recent webinar on the Inflation Reduction Act, you know the IRS is getting over 80 billion dollars in funding to improve compliance. Therefore, you can expect more audits in the coming years. One way to trigger an IRS audit is the failure to pay...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jul 27, 2022 | Business Planning, Federal Disaster Relief, Financial Audit, Financial Services, Palma Financial Services, Pro Tips, Tax Planning
Want to know how business owners like yourself thrive during a recession? They don’t.Money becomes tighter, customers become even more stingy (many may decide to forego your products or services)…and some of your customers may go out of business, depending on...
by Jackie Strack | Jul 5, 2022 | Business Planning, Financial Audit, Financial Services, Palma Financial Services, Pro Tips, Tax Planning
Want to know how business owners like yourself thrive during a recession? They don’t. Money becomes tighter, customers become even more stingy (many may decide to forego your products or services)…and some of your customers may go out of business, depending on...
by Jackie Strack | Jun 24, 2022 | Financial Services, Financial Audit, Palma Financial Services, Pro Tips, Tax Planning
Has the IRS contacted you? If so, it’s usually for one of these reasons: They want to correct a math error on your return They need to tell you about a duplicate or missing payment They have to request missing information However, some notices indicate a more severe...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | May 21, 2022 | Financial Audit, Palma Financial Services, Pro Tips, Real Estate, Tax Planning
There are many reasons why you may want to establish residency in another state, besides the obvious (you just moved). Maybe you have a child going to an expensive college soon, and you want to establish residency for in-state tuition. Maybe you’re currently living in...