by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Oct 22, 2013 | Featured
Now is the time to lock in a strategy for year-end tax planning. This year in particular will see many changes – some tax breaks are expiring while some affluent individuals will witness higher rates. Tax publisher, CCH, a Wolters Kluwer company, recently...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Aug 20, 2013 | Featured
The deadline for U.S. Individual Income Tax Returns (with extension) is October 15, 2013. However, business entities need to be aware that the following forms are due September 16, 2013 (if an extension was requested): Form 1041 – U.S. Income Tax Return for...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Mar 19, 2013 | Featured
Your tax return is more than a tally of what you owe Uncle Sam. Its a roadmap to financial planning, giving insight into investment, retirement and estate planning needs.Tax season gives us a snapshot of our total financial picture, said Miguel Palma, CPA/PFS, with...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Feb 11, 2013 | Featured
Two recent lawsuits have shed light on tax-preparation franchises, raising red flags from unwitting taxpayers looking for fast, affordable service just in time for tax season. The fight between H&R Block and Intuit, parent company of TurboTax software, has spilled...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Sep 17, 2012 | Featured
Picking up a second job to supplement household income in a tough economy is becoming more common. Many Americans are choosing to become consultants that visit homes to sell make-up, jewelry, candles, kitchen utensils and food products. Some may not realize the tax...
