Business Details
28 Years
experience
Your Trusted Partner for Tax & Financial Solutions
At Palma Financial Services, we have dedicated ourselves to providing expert tax planning, preparation, and accounting solutions for businesses and individuals since 1998. Our firm, led by Certified Public Accountant (CPA) and Personal Financial Specialist (PFS) Miguel Palma, combines decades of experience with a personalized approach to help clients achieve their financial goals. We specialize in proactive tax strategies that legally minimize liabilities while ensuring compliance with local, state, and federal regulations. As a bilingual firm actively engaged with the Hispanic community, we pride ourselves on treating every client with respect and transparency.Our team's expertise extends to CFO services, bookkeeping, and audit protection, supported by a proven track record of client referrals and long-term relationships. We prioritize continuous education to stay ahead of evolving tax laws, ensuring our clients receive the most current and effective guidance. Our commitment to excellence is reflected in our average client savings of $38,569 annually through tailored tax planning strategies.
Services
Tax Planning
Tax Preparation
Accounting
Bookkeeping
CFO Services
Details
- Year established: 1998
Highlights and features
- We offer 20+ years of CPA experience in tax strategy and compliance
- Our bilingual team provides culturally sensitive financial guidance
- Clients save an average of $38,569 annually through our tax planning
- We combine family-owned service with corporate-level expertise
- Proven success in IRS audit representation and tax resolution
Associations and certifications
- Certified Public Accountant (CPA)
- Personal Financial Specialist (PFS)
What people say
Professional and knowledgeable
Helped secure loans
Excellent service
Devoted to clients
Highly recommended
Services
Tax Planning
Our proactive tax planning service develops customized strategies to legally minimize tax liabilities. We analyze your financial situation to implement deductions, credits, and entity optimizations that maximize savings while ensuring compliance. Clients benefit from ongoing quarterly reviews and implementation of core strategies that have saved an average of $38,569 annually.
Tax Preparation
We provide comprehensive tax preparation for individuals and businesses, ensuring accurate filings with maximum deductions. Our service includes business tax returns, individual returns, and quarterly estimated payments. We specialize in complex returns and maintain compliance with evolving tax laws to prevent future liabilities while optimizing current filings.
Accounting
Our accounting services offer complete financial oversight including bank reconciliations, payroll processing, and financial statement preparation. We provide month-end closing support and analysis to help businesses maintain accurate records. Our remote bookkeeping solutions ensure organized financial documentation for informed decision-making and audit readiness.
Bookkeeping
We deliver reliable bookkeeping services that maintain organized financial records for businesses. Our system tracks expenses, manages accounts payable/receivable, and ensures accurate financial reporting. This service includes regular reconciliations and reporting to support tax planning and business decision-making while maintaining compliance with regulatory requirements.
CFO Services
Our virtual CFO services provide strategic financial guidance for business growth. We monitor key indicators like revenue, gross profit, and net worth to develop tax-efficient strategies. This service includes asset protection planning, retirement optimization, and proactive tax strategies to increase business valuation and long-term wealth accumulation.
People
Miguel A. Palma
Certified Public Accountant
Miguel Palma, CPA and PFS, has over 20 years of experience in tax strategy and financial planning. He founded Palma Financial Services in 1998 after working with Deloitte & Touche and Price Waterhouse. He specializes in tax planning, business advisory, and IRS representation.
Jasmine Ceja
Onboarding Specialist
Jasmine Ceja has managed client onboarding since 2010, overseeing tax planning and accounting engagements. She brings retail experience in visual merchandising and organizational expertise to client project management.
Gabriel Pineda
Executive Support Specialist
Gabriel Pineda provides client support with a background in Microsoft product care. He focuses on tax systems education and customer service while pursuing voice-over and fitness interests.
Olga Moreira
Marketing Specialist
Olga Moreira joined Palma Financial at 17, managing marketing operations including newsletters and webinars. She combines business development with environmental consciousness and studies medical technology.
Pedro Moreira
Client Success Specialist
Pedro Moreira handles technical support and tax reporting. With experience in Nicaraguan medical brigades and tax software expertise, he ensures clear tax planning documentation and client portal assistance.
Questions
What's the difference between tax planning and tax preparation?
Tax planning proactively creates strategies to minimize future tax liabilities, while tax preparation focuses on accurately filing required returns. We offer both services to ensure compliance and long-term savings.
Do you serve international clients?
Yes, we provide tax and accounting services for businesses and individuals worldwide, with bilingual support and expertise in international tax considerations.
How can you help with IRS audits?
We offer tax audit protection and representation, using our CPA expertise to defend your rights and minimize additional tax liabilities during IRS examinations.
What accounting software do you use?
We work with multiple platforms including QuickBooks and specialized tax software to provide seamless bookkeeping and financial reporting solutions tailored to your business needs.
Can you help with business startup accounting?
Yes, we assist with entity selection, bookkeeping setup, and tax planning for new businesses, providing comprehensive financial guidance from formation through growth stages.
