Palm Karen R

Karen R. Palm, CPA has been a trusted provider of financial guidance for individuals, businesses, trusts, and estates in the local community for many years. Our expertise spans across various fields, including tax preparation, tax planning, Roth conversion, and retirement financial planning. We pride ourselves on being one of the leading firms in the area, thanks to our commitment to upholding high standards, hiring experienced tax professionals, and maintaining a strong work ethic. Our clients appreciate our dedication to meeting their needs with professionalism and excellence, which has earned us a reputable stance in the business and financial community.

Our Mission

At Karen R. Palm, CPA, our mission is to help clients maintain financial viability in the present while taking a proactive approach to achieve future goals. Our open communication fosters a deep understanding of our clients' needs, leading to sound analysis and research. We are dedicated to upholding the highest standards of excellence and professionalism, as evidenced by our long-standing presence in the community.

Services Offered

At Karen R. Palm, CPA, we offer a wide range of services tailored to meet the unique needs of our clients. These services include:

• Tax Preparation: Comprehensive tax preparation for individuals, businesses, trusts, and estates, ensuring that all eligible deductions and credits are utilized.
• Tax Planning: Strategic tax planning to minimize current and future tax liabilities, utilizing various strategies, such as Roth conversion and retirement financial planning.
• Financial Planning: Fee-only financial planning with no product sales by certified financial planners, allowing for unbiased advice tailored to each client's financial goals.
• Educational Tax Incentives: Assistance in claiming education-related tax credits, such as the American Opportunity Credit and Lifetime Learning Credit, as well as deducting student loan interest and understanding the tax implications of forgiven student debt.
• Withholding Adjustments: Assistance in evaluating and adjusting tax withholding to avoid unexpected tax bills or penalties and maximize refunds.