Palmer Insurance & Income Tax

04/21/2025

04/15/2025

It's April 15th! give us a call for your free extension if you have not had a chance to file. 714-835-0840

03/03/2025

At the moment it seems we are having telephone issues. if you need to get a hold of us please text us @ 714-835-0840 or shoot us an email [email protected]

12/30/2024

WE ARE MOVING!! We look forward to seeing you at our new location across from the Main Place Mall.

04/26/2023

Winner winner!!!! Our first winner from our tax season raffel. Congratulations!

02/09/2023

If you are checking the status of your refund and you get the message above, don’t panic. This is what is being called the PATH Act message. All this means is that you are receiving either the Additional Child Tax Credit Or the Earned Income Credit. Under The PATH Act the IRS will not begin to send those refunds out till 7-21 days from the 15th of February. So just try and be patient as your refund will be here soon. If march 9th passes and you still do not have your refund you can call the IRS @ 1-800-829-1040 and ask for clarification on the delay.

02/07/2023

Difference between Traditional and Roth IRA's

A traditional IRA and a Roth IRA are two types of retirement accounts that offer different tax benefits. A traditional IRA allows you to make pre-tax contributions, meaning you can deduct your contr…

A traditional IRA and a Roth IRA are two types of retirement accounts that offer different tax benefits. A traditional IRA allows you to make pre-tax contributions, meaning you can deduct your contributions from your taxable income. This reduces your taxable income and can result in a lower tax bill...

02/05/2023

Today we discus understanding tax deductions, a quick but important read.

Tax deductions can be a confusing and intimidating topic for many people. However, understanding the basics of tax deductions can help you save money and maximize your tax return. Here are some tips to help you understand tax deductions:

02/04/2023

You know your doing something right when everyone is here to file there taxes Palmer Insurance & Income Tax

02/04/2023

opportunity credit Breakdown | Palmer Insurance & Income Tax

The American Opportunity Credit is a tax credit designed to help students and their families pay for college. It is available to those who are enrolled at least half-time in a degree or certificate …

The American Opportunity Credit is a tax credit designed to help students and their families pay for college. It is available to those who are enrolled at least half-time in a degree or certificate program and have not yet completed their first four years of college. The credit can be used to cover....

02/03/2023

Here is a quick Breakdown of the Earned income Credit.

The Earned Income Credit (EIC) is a tax credit designed to help low-income workers and families. It is a refundable credit, meaning that if the credit amount is more than the amount of taxes owed, the taxpayer will receive the difference as a refund. The EIC is a great way for low-income workers to....

02/02/2023

A quick breakdown of the child tax credit.

Child tax credits are an important part of the tax system, providing financial support to families with children. The credit is designed to help offset the costs of raising children, such as childcare, medical expenses, and educational costs. It is also intended to help reduce the financial burden o...