What is cryptocurrency? Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would arcade tokens or casino chips. You’ll Read More

These days more businesses and individuals are investing their money into cryptocurrency. It is important to realize all cryptocurrency transactions are taxable events that will need to be reported to the internal revenue services IRS. Crypto tax can be difficult to understand on your own, if not properly accounted for you may end up owing Read More

Each year the IRS releases changes that will affect your individual and commercial taxes. On November 10th, 2021 the following updates were released for next year: Highlights of changes in Revenue Procedure 2021-45: The tax year 2022 adjustments described below generally apply to tax returns filed in 2023. The tax items for tax year 2022 Read More

While QuickBooks was created with the intention to be accessible for everyone, initially installation and setup has to be done correctly for future information to be accurate. Let our certified QuickBooks advisors get you set up quickly, effectively and efficiently. All information that is used to set up manual accounting records is also used to Read More

December 1, 9 AM to 1 PM CT “Taxation – Serving the Realtor/Broker Community” 3 hrs Continuing Education Credit at a beginning tax level that will cover: Bookkeeping requirements for tax deductions Other Tax updates that impact realtors including Office in Home, advertising, meals &     entertainment deductions, Section 121 primary residence exclusion, and Section Read More

King Financial Services utilizes Enrolled Agents for tax payers who desire our services. The EA’s are the best at tax preparation as they continue to study the Tax Laws on as a mandate to maintain their licenses. No other Tax Preparer, whether they are CPAs, Lawyer’s, bookeepers Or general practitioners – have to maintain a Read More

Tax preparation companies can help guide you through the most complex tax issues. At King Financial Services, our Enrolled Agents are seasoned tax professionals who work with individuals and small businesses in Euless, TX and beyond to get the best results for their unique situation. Sandra King is the President-Elect over the Texas Society of Read More

Taxes 2021: If you got an extension in May, your taxes are due From the IRS: WASHINGTON — The Internal Revenue Service today reminds taxpayers about the upcoming October 15 due date to file 2020 tax returns. People who asked for an extension should file on or before the extension deadline to avoid the penalty Read More

Are you looking for a tax professional to help you with filing your taxes? Our team is highly experienced navigating even the most complicated tax situations. Whether you are an individual or a small business, we will work with you before the tax year’s deadline.   What Is A Tax Preparer Tax preparers work for Read More

Are you trying to decide if you would be better off filing your taxes on your own or hiring a tax professional? The more complex your tax situation is, the better it will be to work with an experienced tax expert to help navigate you through the process and ensure, you are not missing out Read More