by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Oct 16, 2014 | Featured, Retirement Planning
Would you like to know the secret to accumulating as much as $2.5 million of fully tax deductible money for retirement? Of course you would. That secret is the defined benefits plan. These plans can include life insurance paid by tax-deductible contributions and can...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Sep 4, 2014 | Life Insurance
You’ve worked hard to create a lifestyle for yourself and your family. Life insurance is there to protect it when you are gone. Unfortunately, the Federal Government would like to get as much of that cash as they can through death taxes. There are 7 major errors...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | May 21, 2014 | Featured
Ever wish you had some extra cash for special occasions or emergencies? Ever think about securing a loan? Perhaps you need a new car, or a vacation. Perhaps your home needs improvements, or your business needs some new equipment. Or perhaps you need some extra cash to...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | May 13, 2014 | Featured
An Individual Retirement Account (IRA) is a tried and true savings vehicle for people seeking financial security in the Autumn of their years. In a perfect world the maximum amount is added tax-free every year and if invested wisely grows tax-free as well. Then...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Apr 25, 2014 | Featured
Prior to 2010, Bob Mason was living the good life. In partnership with his Dentist, they owned a local horse-boarding ranch on 114 golden California acres. They were approaching two decades of working together when the unthinkable occurred – the Dentist...