by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 30, 2024 | Tax Assessment, Tax Deadline, Tax Planning, Tax Strategy
As the deadline for filing 1099s for the 2023 tax year rapidly approaches, we want to ensure your business is well-prepared for a seamless tax season. With just a limited time left until the January 31, 2023, deadline to file Form 1099-NEC (Nonemployee Compensation)...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 25, 2024 | Tax Deductions, Tax Assessment, Tax Planning
As of 2024, holding dual citizenship presents exciting opportunities like expanded travel horizons and diverse cultural experiences. However, it’s crucial to understand the accompanying tax complexities to avoid legal and financial issues. U.S. Tax...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 23, 2024 | Tax Advisory, Tax Assessment, Tax Planning, Tax Strategy
Big changes are on the horizon that could impact your bottom line, and we want to ensure you’re prepared to navigate these shifts without losing a dime. Congress is deciding to make a game-changing move by pushing the ERC filing deadline to January 31 – just...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 20, 2024 | Tax Assessment, Tax Deadline, Tax Planning, Tax Strategy
We have news that demands your immediate attention, as it could impact your business’s financial landscape – a proposed change in the Employee Retention Credit (ERC) filing deadline. In light of the persistent confusion surrounding ERC eligibility, associated...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 18, 2024 | Tax Deadline, Tax Planning, Tax Strategy
Are you ready to face the 2024 tax season? Missing tax deadlines is a mistake you can’t afford. It’s not just about the rush; it’s about avoiding unnecessary fines and controlling your financial future. Why is it crucial to be on top of your...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 9, 2024 | Tax Advisory, Tax Assessment, Tax Planning, Tax Strategy
We’re excited to inform you that the Internal Revenue Service (IRS) has officially set Monday, January 29, 2024, as the kick-off for the 2024 tax season, which is the day when they will start accepting and processing tax returns for 2023. With an estimated 128.7...