by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Mar 22, 2023 | Vehicles, Tax Credits
We understand you may have questions about your Lucid car purchase and the federal EV tax credit. Unfortunately, as of 2022, the federal tax credit for electric vehicles is unavailable for vehicles with a sales price above $55,000. Therefore, if you purchased a Lucid...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Mar 18, 2023 | Tax Planning, Tax Credits
Do you feel you’re paying more taxes than you should while large corporations like Tesla and Amazon pay next to nothing? Are you envious of the tax advantages enjoyed by the wealthiest individuals like Elon Musk and Jeff Bezos? 🤔 But what if you could level the...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Feb 4, 2023 | Tax Credits, Tax Strategy
Imagine this, a big, beautiful check from the IRS landing in your hands instead of writing a big, fat check to them. Sound too good to be true? Well, it’s not! As a tax expert, I’m here to bust the myth that a refund check from the IRS is a good thing. In...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 19, 2023 | Tax Credits, Tax Strategy
The new year brings new opportunities, and we want to help you take advantage of one of the most important things – saving money on your taxes. With a comprehensive tax plan customized to your unique situation, we can decrease your tax bill. But to be sure, we...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Dec 17, 2022 | Tax Credits, Tax Planning
The end of the year is fast approaching, and now is the time to start thinking about your tax planning for the upcoming year. As the world cup heats up, keep your financial success from being left on the sidelines. Take proactive steps to minimize your tax burden and...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Dec 7, 2022 | Tax Strategy, Tax Credits
Attention Business Owners! -Do you want to maximize your tax deductions and keep your business running and profitable long-term? -Are you tired of getting huge and unexpected tax bills? -Do you feel like you only work for the IRS? We understand how overwhelming it can...