by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Mar 12, 2022 | Palma Financial Services, Pro Tips, Tax Planning, Tax Reform
Entertainment Facility: Perk for You, Your Net Worth, and Your Employees. Entertainment is a great way to keep your employees happy and productive. Research has shown that entertaining at work can increase productivity by 30%. So what are you waiting for? Imagine...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Mar 11, 2022 | Palma Financial Services, Pro Tips, Tax Planning, Tax Reform, Tax Resolution
Investing in precious metal assets can be a great way to diversify your assets and get an economic return on investment. There are, however, some tax implications that you should consider before investing – like whether or not it’s allowed for I.R.A....
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Mar 6, 2022 | Business Planning, Palma Financial Services, Pro Tips, Tax Planning, Tax Reform, Tax Resolution
Many employers find it hard to hire and keep employees during the COVID-19 pandemic and the resulting “great resignation.” Employers who offer tax-free fringe benefits can keep good employees. The benefits are deductible for the employer but tax-free for...
by mpalma | Feb 16, 2022 | Financial Services, Palma Financial Services, Pro Tips, Tax Planning, Tax Reform, Tax Resolution
Were you aware of an income windfall, but your spouse didn’t tell you the correct amount? Have you received a letter from the IRS about back taxes due that surprised you? Have you always relied on your spouse to prepare your tax returns? If the answer to any of...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Feb 14, 2022 | Accounting Services, Business Planning, Pro Tips, Tax Planning, Tax Reform, Tax Resolution
For years you have put away money from your pay into your employer-provided 401(k) retirement savings account. Your employer may have even matched 50% of your contribution. Now, you want to take some of this money out in the form of a loan; to help pay your bills or...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Feb 12, 2022 | Palma Financial Services, Pro Tips, Tax Planning, Tax Reform, Tax Resolution
I want to do more for you than prepare your taxes this year. Our virtual tax preparation service does much more. Tax planning goes beyond just tax prep — it optimizes your life and business so you can pay less in taxes. As you begin to tax plan, you need first to...