by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Aug 5, 2023 | Tax Credits, Tax Strategy
Barbie and Oppenheimer are reigning champions, raking in jaw-dropping fortunes at the box office. Barbie’s latest cinematic venture has soared to unprecedented heights, boasting an estimated $750 million in earnings. At the same time, Oppenheimer, not too far...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jul 31, 2023 | Tax Credits, Environment
As the heat wave continues to scorch, staying cool while managing energy costs is a top priority for businesses and individuals. Let’s explore four cooling solutions and how to beat the heat while increasing profits: Embrace Energy-Efficient Heat Pumps: We help...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jul 21, 2023 | Tax Deductions, Tax Credits
Do you know you can still cut your 2022 corporate taxable income? That’s right, 2022 isn’t completely in the rear-view mirror! Use Defined Benefit Plans to Your Advantage Defined Benefit Plans (DBP) are your tax-cutting secret weapon! Their high...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jun 22, 2023 | Tax Credits, Tax Planning
Don’t miss out on significant tax benefits for you or your corporation. !You can still claim unclaimed 2020 and 2021 COVID-19 sick and family leave credits. The IRS allows individuals and corporations to alleviate the pandemic’s impact by claiming these...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jun 21, 2023 | Credit Cards, Tax Credits
!Today, we address a common question that often arises when it comes to credit card rewards: Are they taxable? Rewards That Are Considered Income: Bank account signup bonuses are considered interest income and may be taxed. “Refer-a-Friend” bonuses are...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jun 19, 2023 | R & D, Tax Credits
Each year, numerous business owners fail to take advantage of a tax credit that has the potential to save them thousands of dollars. !Are you aware of the untapped potential within the Research and Development (R&D) Tax Credit? It’s time to debunk the myth...
