by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Mar 3, 2023 | Tax Planning, Financial Services
Are you getting the most out of your 401(k) plan? If not, you’re not alone. Many people DO NOT take advantage of valuable benefits that could help them save money and increase their retirement savings. Here are 3 plus blind spots your advisor might not have told...
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 | Jan 6, 2022 | Accounting Services, Bookkeeping, Pro Tips, Real Estate, Tax Planning
Bookkeeping tip: 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...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Mar 25, 2013 | Featured
Imagine a world in which no one has paper currency. No one has a bank account because there are no banks needed to back them up. Yet goods and services can still be purchased — online or in person, and without pesky transaction fees. In this world, everyone has...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 15, 2013 | Featured
From a recent WashingtonPost.com article by Michael A. Fletcher… “A large and growing share of American workers are tapping their retirement savings accounts for non-retirement needs, raising broad questions about the effectiveness of one of the most...