by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Mar 8, 2024 | Holiday, Palma Financial Services
On behalf of the entire Palma Financial Services team, we wish you a happy International Women’s Day! We celebrate the incredible women who contribute so much to our communities, businesses, and families. We’re particularly proud of the strong legacy of...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Feb 23, 2024 | Business Planning, Palma Financial Services, Pro Tips, Tax Deductions
Imagine your business breaking barriers and reaching new heights. Is your current legal structure a hidden obstacle? For established entrepreneurs and new business owners, the right entity choice is key to unlocking growth, operational efficiency, and financial peace...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Feb 22, 2024 | Palma Financial Services, Pro Tips, Tax Strategy
Tax season is just around the corner! Feeling overwhelmed with choosing between e-filing and paper returns? Don’t worry; we’ve got you covered. Let’s break down the pros and cons of each method: E-filing offers: Immediate IRS confirmation: No waiting...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Feb 15, 2024 | Palma Financial Services, Tax Deductions, Tax Planning, Tax Strategy
Just witnessed an epic Super Bowl showdown? Whether you cheered for the Kansas City Chiefs or the San Francisco 49ers, one thing’s for sure: championship wins come with tax implications. Player Bonus: Imagine winning a huge bonus. Exciting, right? Well, Uncle...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Feb 13, 2024 | Artificial Intelligence, Consulting Services, Palma Financial Services
We’re reaching out with a critical message concerning a disturbing trend: a surge in sophisticated Social Security scams powered by AI. Understanding these scams and taking immediate action is crucial for taxpayers and business owners. Why you need to be aware:...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Feb 9, 2024 | Tax Strategy, Palma Financial Services, Tax Deductions, Tax Planning
Imagine safeguarding your wealth from legal risks while maximizing your loved one’s inheritance. An Irrevocable Life Insurance Trust (ILIT) could be your answer, offering asset protection and a unique tax-saving opportunity for business owners like you....