by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 25, 2022 | Pro Tips, Tax Planning, Tax Reform, Tax Resolution
Saving on taxes can be confusing — that’s why I offer the best tax preparation services to my clients. It’s not your fault if you’ve been overpaying the IRS! After all, who can keep track of all the tax law changes? Well, that’s my job, and I try to simplify it...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 12, 2022 | Accounting Services, Bookkeeping, Business Planning, Financial Services, Palma Financial Services, Pro Tips, Tax Planning, Tax Resolution
Form 1040, which U.S. taxpayers use to file an annual income tax return, has a question about “virtual currency” near the top of the first page. No worries – our tax preparation services for cryptocurrency investors can help you maximize your return....
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 5, 2022 | Accounting Services, Bookkeeping, Palma Financial Services, Pro Tips, Tax Planning, Tax Reform, Tax Resolution
You probably like your vehicle just as it is. But wouldn’t you like it far better if it were producing tax deductions? Perhaps significant deductions, immediately. And the Tax Cuts and Jobs Act (TCJA) gives you the tax reform road map on how to do this. Of course, to...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 4, 2022 | Accounting Services, Bookkeeping, Palma Financial Services, Pro Tips, Tax Planning, Tax Reform, Tax Resolution
Secret cash payment to your nanny could backfire. The tax law can jump up and bite you in unexpected places. One example of that is the nanny tax so you need tax planning services if you have household employees. What is the Nanny Tax? Do you have a household...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Dec 17, 2021 | Accounting Services, Bookkeeping, Tax Planning, Tax Reform, Tax Resolution
Looking to find tax preparation services? Our clients are deep into the process of planning out their asset and investment purchases for 2021/2022. Tax preparation services are typically categorized into three broad categories: basic, intermediate, and professional....
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Dec 15, 2021 | Accounting Services, Bookkeeping, Tax Planning, Tax Reform, Tax Resolution
Bookkeeping Tip: Do you need a last-minute income tax deduction for 2021?There is still time to create and implement the tax busting reduction strategy, “Play it Forward Tax Plan,” for 2021.Cash funding is deductible at 50% of your Adjusted Gross Income...
