Palma Financial Services, Inc

I have no idea why I was invited by email to post a review about this company. To the best of my recollection, I have never heard of nor dealt with them.

I find Mr Palma to be very knowledgeable and takes time to explain the ins and out of tax laws and benefits.
Highly recommended

I called them to make an appointment to see Miguel. They suggested April the 18^th as this was after their busy tax season. I accepted and they even sent an email calendar invite to everyone.
I showed up and even though the sign on their door says Open, nobody is here. I called their number and left voice messages, and then went to the main reception who tried their cell. Nobody is answering.
They have taken the day off after a busy tax season but did not inform me or cancel the appointment.
I am extremely disappointed as I wasted 1 hour driving there, waiting and driving back home.

Before finally contacting Miguel, I had approached three other financial planners. The average cost of the plan was $ 1,500. While they all claimed to be fiduciary, I was not convinced. Also they were not as open in discussing their strategies before paying their fees. In working with Miguel, I was reassured and also had the clarity from the very first meeting. He was very open and up-​front. I am glad I contacted Miguel. If you are looking for a transparent, fiduciary, honest financial advisor, Miguel is the guy.

After searching
for CPAs in the East Bay, I reached out to Palma Financial Services and a few others to help ascertain steps I should take to form a software business.
Miguel and his team corresponded with me immediately and we quickly set up a meeting to answer the questions I had, which were many: What type of entity should I form? What will tax preparation look like? What questions am I not thinking of? The list went on…
Miguel Palma and I met the next day and he couldn’t have impressed me more. Right from the start, an emphasis on fairness set the tone for both sides of the table and I cannot highlight how relieving that was. After admitting my own ignorance about these affairs (this will be my first business), Mr. Palma patiently answered every detailed question I could come up with, and interjected a handful of answers to questions I didn’t know to ask.
Though our business relationship is only just beginning, and I’ll certainly update this review with more information as we progress, it’s clear to me that at the very least Team Palma is an honest, fair and knowledgeable firm to work with.

Thank you so very much for the consultation last month. I’m so blessed to have met you. You gave me lots of helpful tips and guidance to achieve my next goals. Hopefully, I’ll get to straighten out all the numbers and calculations with my taxes this year and use your service on the upcoming year. I thank you and appreciate all the advise you gave me. You’re quite awesome & I’m sure that the professional service that you’re currently providing will get all your clients to achieve any goals in the future. I would highly recommend Miguel to anyone, especially to businesses! Have a visit with Miguel and see it for yourself
Mimi

Helped me to identify errors and file an amended return with quick turnaround and excellent customer service. Really listened, and made valuable suggestions. Very knowledgeable!

Sometimes you just needed someone that treats you more than a client or a customer, he tries to understand your situation. I like him because rather than tells you what you want to hear, he tells it to you honestly what he thinks. Mr. Palma is easy to talk to and very informative. It always a pleasure working with him.

I’m with the Palma tax services since 2005. Customer service is a plus. They do bookkeeping
for me… they are very helpful. He also recommended a tool to incorporate my business to save money… Financial background professional he is the man. As professional in tax matters to share the insurance point of view in his business helps how to leverage the tool for security. Thankful that he is all around the financial biz this will help the people he serves to save more for their own good.

They double-​booked my appointment and then blamed me for his mistake. This office manager was rude and unprofessional. Mr. Palma was calm and offered to remedy the problem with a full refund. I had to beg for my tax docs so I could have taxes done by another tax pro. Had to file an extension due to their slow return of our docs. THEN, he refused to refund the $ 500 prepaid fee. Please understand, I got no services from Palma and had to pay someone else. Lesson learned, never prepay for tax services! I am still chasing my refund from last year… consider this Part I of my review if I don’t get a speedy reply and refund. I will post the actual emails here to show the embarrassing email conversations.
Maybe they just forgot to send the refund? Mistakes happen. Still waiting.

My wife and I were looking for an upgrade to our previous CPA that was more interested in selling us insurance than helping us with our taxes. We found Miguel on Unilocal,and due to his great reviews we decided to schedule an appointment with him. We were not disappointed. Miguel quickly learned our financial picture and immediately began to make suggestions for saving money, investing, and growing our wealth. He took the time to answer all the questions we had and made sure we understood. We went way over the hour our initial consultation was scheduled for but he never rushed us. Miguel was always friendly, courteous, and patient. We ended up learning more from Miguel in our meeting than we did in 2 years with our previous CPA. I can’t recommend Miguel enough!

I met with Mr. Palma today and he answered all my questions while explaining things thoroughly. He is very personable and I appreciated the couple of hours he put in to explain things to me. I look forward to working with him.

We were disappointed with the service we received and the price. He was unprofessional and rude in his last email. First impressions are everything and he definitely left an impression on us… not a good one. He had no shoes on and was in his socks, he talked to us about how much money we could save on taxes, and after talking to a few more CPAs, it seemed that what he was selling us on, was not very honest or beneficial for us. He had my name wrong the whole time even after correcting him several times. During the last email with him, my husband stated to him that he should get my name right if he wanted us as clients, and he immediately replied and purposely, addressed the email to the wrong name again. I would not recommend him to anyone! Might be more of a scam than anything.

I started my own business last year, and today I finally went to a consultation with Mr Palma, I regret not doing it earlier. He was great and give me very helpful tips for my business, I also got advised for my son college education. :)
the whole stuff is very friendly and professional.
Mr. Palma will be my CPA!
Thank you Mr Palma!

Miguel and his staff are so thorough and pleasant to work with. He helped us with our taxes and did an excellent job with them. His practice is really family friendly. We felt very welcomed and trusted his knowledge in finance. We would definitely refer our friend to him.

I have known Miguel Palma for years. I first met Miguel through his various classes and seminars within the Real Estate community. Miguel’s expertise, service, knowledge and integrity are well knows and respected in the community, as I result, I’ve turned to Miguel for my tax needs. He’s done a terrific job! I’ve even referred my parents to him and they were more than thrilled with his services as well.
If you have real estate related tax issues, I whole heartedly endorse Miguel!

I have known Miguel for a few years now. We refer clients back and forth. He has a great grasp of accounting and tax issues for small businesses. I also lke his enthusiasm and respect his abilities as a small business owner. I look foward to working with him and his clients for many years to come.

Let’s just say I will not be repeating the services here.

I am new to business finance; 2013 was my my first year as an independent distributor so I felt lost trying to do my taxes. I was clueless about where to start, stressed out and on top of it all have VERY limited time… I was a mess.
The entire Palma financial team made this process easy and so comfortable! From the moment I walked in the door I felt very welcome and at ease (uncommon). The team was professional, considerate and accommodating of my time. They were straight forward, to-​the-​point and still able to teach me a ton about managing my finances. They cleaned me up and sent me on my merry way. The weight of taxes had been lifted!
I’m a really picky person. Based on my time and experience there, Palmer Financial have locked themselves in as my go-​to CPA.
THANK YOU TEAM PALMA!

Miguel is great, awesome person and great CPA. He help us on our taxes, investment and recommend us what to do.
He is always ready to help.