by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 13, 2024 | Business Planning, Consulting Services, Rental Property, Small Businesses
Running a business isn’t easy. Every penny counts, including choosing the right tools – like your next business vehicle. 🚗💼 Is buying or leasing the smarter move? The answer’s surprising: it’s not just about the monthly payment. In 2024, the biggest...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jan 4, 2024 | Accounting Services, Business Planning, Consulting Services, Financial Services
Effective January 1, 2024, the Corporate Transparency Act (CTA) brings new filing requirements for US businesses. Who needs to file? Most corporations, LLCs, and other business entities (called “reporting companies”) are formed or registered in the US....
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | May 31, 2023 | Small Businesses, Tax Advisory
We have received numerous inquiries, and I want to urgently bring to your attention a matter of utmost importance that could have far-reaching consequences for our economy and small business. The U.S. government’s potential default on its obligations is a...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Feb 18, 2023 | Small Businesses, Tax Strategy
The U.S. Small Business Administration (SBA) has announced a new Hardship Accommodation Plan to help COVID-19 Economic Injury Disaster Loan (EIDL) borrowers facing financial challenges. In this listicle, we’ll break down the plan’s key features and explain...
by Miguel A. Palma, CPA, PFS, CGMA & Tax Advisor | Jul 15, 2022 | Business Planning, Pro Tips, Tax Planning
The Corporate Transparency Act (CTA), a new law passed in 2021, requires Corporations, LLCs, and other business entities to provide information about their owners to Treasury’s FinCEN. Are you planning to form a corporation, LLC, limited partnership, limited...
