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QuickBooks Remote Hosting and Desktop Services in Forth Worth

QuickBooks Remote Hosting and Desktop Services in Forth Worth

What is QuickBooks? QuickBooks is a software program designed for small and medium sized businesses, to help them manage their sales and expenses, while keeping track of daily transactions. QuickBooks can be used to send invoices to customers, pay bills for the company, generate sales reports for planning, tax filing, and more financial tasks. QuickBooks helps businesses stay on top ...
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Common Mistakes To Avoid for 2019 Taxes

Common Mistakes To Avoid for 2019 Taxes

When it comes to filing taxes, especially for businesses, there can be lots of stress and confusion. The pressure of wanting to make sure you are doing everything properly, to avoid an audit or misfile can be overwhelming. Last tax season, we saw lots of new tax laws come into effect. This certainly had an impact on how many people ...
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Benefits of Filing As A Corporation Under New Tax Law

Benefits of Filing As A Corporation Under New Tax Law

If you have a business of your own then there is a good chance you are familiar with the different types of businesses out there. This includes S Corporations, also referred to as S-Corps. You may have heard in passing, or even when speaking to a tax agent that there are added financial benefits that come with forming an S-Corp ...
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The Competitive Advantages of Using an Enrolled Agent for Taxes

The Competitive Advantages of Using an Enrolled Agent for Taxes

When it comes to seeking advice from a tax professional, it is important to keep in mind that not all tax practitioners can offer the same services to you. When it comes to working with an enrolled agent, you are choosing to work with someone who has gone through extensive training and is at the highest position in their field ...
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Extension of Time To File Your Tax Return

Extension of Time To File Your Tax Return

Taxpayers needing more time to file their taxes can get an automatic six-month extension from the IRS. For most taxpayers, this year’s tax-filing deadline is today, April 15. Taxpayers who live in Maine or Massachusetts have until April 17, 2019 to file their returns. This is because of the Patriots’ Day holiday on April 15 in those two states, and ...
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Facing failure to file Penalties Eueless TX

Facing failure to file Penalties Eueless TX

If you haven’t filed your return by the due date, including extension you may face a “failure-to-file penalty”.   The IRS will assess a penalty if you Taxes are not filed on the original due date whether you filed an extension unless you have a considerable cause preventing you from paying your taxes timely.      There are variable remedies to your ...
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Corporate Tax Return Due Date 2019

Corporate Tax Return Due Date 2019

Every year, Americans are faced with the stressful time of year when they are forced to face their taxes! While no one likes dealing with taxes, they are unavoidable in order to be compliant with the law. This goes for individual citizens as well as corporations. Unfortunately, many independent filers as well as corporations wait until the last minute, or ...
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Late Tax Filing Fort Worth Texas

Late Tax Filing Fort Worth Texas

There are many times that taxpayers cannot file their taxes.  In some cases, they don’t have the money to pay. Other times, much needed paperwork isn’t available when time is of essence.  Regardless, the IRS is serious about Americans filing their returns. There is always a penalty for not filing. However, the severity is determined by how long you wait ...
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Tax Preparation Fort Worth TX

Tax Preparation Fort Worth TX

Time is nearing for all citizens to file their taxes.  Man of you wait until the last minute, loosing on thousands of dollars in possible deductions and reductions simply because the Tax Preparer doesn’t have enough time.  If you’re looking for Tax Preparation in Forth Worth Texas, King Financial Services is one of Fort Worth’s leading Tax Preparation firms. King ...
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Tax Services in Euless TX

Tax Services in Euless TX

Tax Laws change every year. When you’re faced with whom to turn to for help with your Tax return. It is always a good idea to speak with a reputable Tax preparer. Many taxpayers have limited direction on how to choose their tax preparers. Most go on the notion of big companies who advertise clever commercials to lure taxpayers. If ...
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Enrolled-Agent-for-Tax-Preparation-Near-Me

Enrolled Agent for Tax Preparation Near Me

An enrolled agent (EA) is a Tax Preparer that earned their credentials through a rigorous and extensive training program governed by the United State Treasury. EAs are the only federally licensed tax professionals who have unlimited rights to represent taxpayers before the IRS. This means no matter where you live or where the tax issue derived, if you hire an ...
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Top Five Tax Myths

Top Five Tax Myths

As tax time approaches us, it important to understand fact from myth.  Millions of taxpayers can sometimes misconstrue the written information provided by the IRS.  Many Taxpayers start to believe out and out rumors on allowable tax deductions. It’s always best to have a certified tax preparer to take you through what is fact vs. myth.  This way, you will ...
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How To Hire A Tax Professional in Dallas TX

How To Hire A Tax Professional in Dallas TX

Many people hire a tax professional when it’s time to file their tax return. If you pay someone to prepare your federal income tax return, the IRS urges you to choose that person wisely.  Choose a tax professional with sound experience in tax preparation. Usually these professionals are Enrolled Agents (EA), Certified Public Accountants (CPA) or Tax Attorneys.  Of the ...
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What is Best Choice for 2019 Preparation Enrolled Agent or CPA

What is Best Choice for 2019 Preparation Enrolled Agent or CPA?

If you’re looking to hire a professional tax preparer for 2019, hiring an enrolled agent (EA) for taxes instead of a certified public accountant (CPA) can offer you a competitive advantage in managing your tax liability. CPAs, are professionals that are hired to manage tax matters and accounting for businesses.  These matter include tax returns, local and state audits and ...
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Tax Preparation for Small Business in 2019

Tax Preparation for Small Business in 2019

Starting and running a small business can be very challenging and very exciting. Most business owner’s start a company to do something they love. That passion can be a great motivator, but it can also be a detractor in maintaining structure and organization. Good recording keeping is essential for the daily operations of a successful small business. Proper record keeping ...
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Are Holiday Office Parties Deductible

Are Holiday Office Parties Deductible?

This is the season for holiday parties! If you have ever taken on the task of throwing one of these celebratory events for your office, then you know how pricey they can be. Just because holiday parties can be expensive, don’t let this discourage you from giving your employees something exciting to look forward to! Additionally, as a business owner, ...
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Top Enrolled Agents in Dallas TX

Top Enrolled Agents in Dallas TX

King Financial Services is the home of the DFW Area, Chapter of the Texas Society of Enrolled Agents, President, Sandra King, and past President, Kent Hopkins! Making us an excellent resource for those who are looking for tax and financial services from an enrolled agent. You may be wondering, why hire an enrolled agent to help you find tax solutions ...
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Tax Tips For New Businesses

Tax Tips For New Businesses

People go into business with lots of different goals in mind, one goal all businesses share is making money. When it comes to making money it’s not just a simple transaction of trading product or services for cash- a lot of paperwork comes along with running a business. This means bookkeeping, payroll, and of course taxes. At King Financial Services ...
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Affordable Financial Services in Euless TX

Affordable Financial Services in Euless TX

King Financial Services Inc. offers a variety of financial services that provide solutions for businesses and individuals alike. We provide tax, bookkeeping, and payroll services. With our help you will be able to utilize more of your time doing the things you love; having to keep close records and managing payroll is busy work. If something goes wrong with your ...
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Enrolled Agent in Euless TX

Enrolled Agent in Euless TX

When it come to paid tax professionals, they are not all the same. In fact, enrolled agents (EAs), are the only federally-licensed tax practitioners who not only specialize in taxation but also have unlimited rights when it comes to representing taxpayers before the Internal Revenue Service. Whenever you choose to work with an enrolled agent you can save yourself a ...
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Tax Preparation in North Richland Hills TX

Tax Preparation in North Richland Hills TX

Tax season is just around the corner, meaning it is time for individuals and businesses to start preparing their taxes. It can difficult for those with complex financial situations or busy schedules to make the time to properly file their taxes. This is why King Financial Services works hard to provide affordable, quality tax preparation in North Richland Hills, TX ...
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Tax Preparation For Businesses In Hurst TX

Tax Preparation For Businesses In Hurst TX

When it comes to filing your taxes it is important that you work efficiently in order to ensure you are accounting for all expenses. Often times, deductions are missed, and information is improperly filed when individuals decide to take on the task themselves. This can lead to several different types of problems. Not only will it be time consuming, you ...
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Affordable Tax Preparation in Grand Prairie TX

Affordable Tax Preparation in Grand Prairie TX

If you feel easily overwhelmed when filing your personal or business taxes, you are not alone. In fact, the most frequent reason we see for tax deadlines being missed is that taxpayers feel the process is too complex, or fear they have not kept the necessary records in order to properly file their business or personal taxes. This kind of ...
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Bookkeeping and Payroll Services in Arlington TX

Bookkeeping and Payroll Services in Arlington TX

Being a business owner comes with a lot of responsibility. Many people choose to open a business that is built around an area of expertise and interest of their own. Unfortunately, one of the negative qualities of owning and operating a business is that there are many additional tasks and needs behind the scenes that must be performed in order ...
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Enrolled Agents in Fort Worth TX

Enrolled Agents in Fort Worth TX

It is no secret, taxes are stressful. They can be a source of anxiety for many of us, but become especially anxiety provoking whenever the IRS gets involved. Whenever you are audited or have an issue filing your taxes, it can become too difficult for someone without specialized tax knowledge to handle on their own. However, there is good news! ...
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Tax Preparation in Euless TX

Tax Preparation in Euless TX

It is easy to feel overwhelmed by filing your taxes. The most common reason deadlines are missed and people fall behind on filing their business and personal taxes is because they feel like the process is too complicated and that they do not have the proper records required to accurately file their taxes. They wait until last minute and then ...
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How Long Does An IRS Audit Take

How Long Does An IRS Audit Take?

You open your mail just to find out, you have received a notice from the IRS informing you that you are being audited. What now? How long will this stressful process last? Weeks, months, years? While every person’s IRS audit will be different, in general, most audits will last less than a year. There is also good news pertaining to ...
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Exciting Announcement- We're Merging Two Offices!

Exciting Announcement We’re Merging Two Offices!

We have an exciting announcement! This September, Sandra King Financial Services Inc. will be merging with Kent Accounting Systems Inc. to become King Financial Services Inc.! This merger means King Financial Services will now be home of the DFW Area, Chapter of the Texas Society of Enrolled Agents, President, Sandra King, and past President, Kent Hopkins! We will have twice ...
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Bookkeeping Tips To Stay Ahead

Tips To Stay Ahead

Keeping up with you business finances can be overwhelming and can come with steep consequences if mismanaged. This is why it is so important to keep organized and to stay on top of your expenses. At King Financial Services we offer excellent bookkeeping services that free you up and let you focus on what really matters, running your business! Below ...
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/ Bookkeeping
Start Preparing For Tax Season Now

Start Preparing For Tax Season Now

Taxes seem to fall high on the list when it comes to things that stress us out. A good way to minimize the stresses that are associated with tax season is not procrastinating. Below is a list of ways you can start preparing yourself for tax season now: Make A List Of Your Accounts Whether you are filing personal or ...
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Surprising Tax Deductions

Surprising Tax Deductions

The only thing worse than filing your taxes is having to pay for them! What is amazing is every single year high percentages of Americans file their taxes without including all of the deductions they qualify for! This is one more great reason working with Enrolled Agent, Sandra King can help you save money! She has spent years studying tax ...
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Charitable Donations and Taxes

Charitable Donations and Taxes

Donating your time, efforts, goods, or even money can be excellent ways to help those who have fallen on hard times, get through them and to the other side of adversity. Sharing, in a charitable way is also, for many, good for the soul. Many Americans choose to give money or property to groups and organizations they believe in. In ...
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Military Tax Benefits

Military Tax Benefits

If you or someone in your family is a member of the United States Armed Forces, you may be eligible for certain tax benefits. Below are some of the benefits you should be aware of: Some Military Pay and Benefits Are Not Considered Taxable Income: Combat pay is safe from taxes. Many military benefits are also not taxable, such as: ...
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Trust Fund Penalty Relief Steps

Trust Fund Penalty Relief Steps

1. Gather All Relevant Information Whenever we have a new client come in with concerns about trust fund penalties, our first step is always the same. We want to gather all relevant information so we have enough facts about your duties and other parties’ duties in order to prove that someone other than you should be held responsible for the ...
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Who Needs Bookkeeping

Who Needs Bookkeeping

In many businesses, the owner of the company will wear many hats to accommodate the needs of the company and to keep it on track. A part of the equation that can not be ignored in any successful business is maintaining and managing the books. However, the problem is that many business owners already are strapped for time, running their ...
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Avoiding Garnished Wages

Avoiding Garnished Wages

What is a wage garnishment? A wage garnishment is the term used to describe when a court orders your employer to withhold a determined amount of your pay and send it instead to the person or institution you owe money to, until you have completely paid your debt. Your wages may be garnished if you owe child support, student loans, ...
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/ Wage Garnishment
Tax Prep Starts Now

Tax Prep Starts Now

What is tax preparation? People often feel overwhelmed when the tax deadline starts to approach. They feel rushed and often procrastinate until the last minute to start gathering their important documentations, receipts, and information. The best way to avoid this last minute stress is to start your tax prep now. While tax season is a short window, ideally we should ...
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/ Tax Preparation
What Happens After Not Paying Taxes For 10 Years

What Happens After Not Paying Taxes For 10 Years

There are lots of misconceptions that go around about what happens if you do not pay your taxes on time. Many people have been told that if they do not file their taxes for ten years the taxes they owe magically disappear and they are off the hook entirely. Unfortunately, for those who are years behind on filing their taxes ...
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What Do Our Federal Taxes Pay For

Our federal government relies on federal taxes in order to finance various public services that are vital to the safety and preservation of our country. Many of us pay our taxes without much thought or question as to where the money is going. However, with changes in tax policies and evolving political leaders it is a good time to inform ...
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What To Do With Years of Unpaid Taxes

What To Do With Years of Unpaid Taxes

Oftentimes, whenever someone has unpaid taxes it starts a terrible cycle where they continue not to file their taxes out of fear of drawing attention to themselves by suddenly showing up on the IRS’s radar with a new filing. Do not fall victim to this trap, instead contact Enrolled Agent, Sandra King to help guide you through this process. Keep ...
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Free Shred Event in Euless TX

Free Shred Event in Euless TX

Is your house becoming a storage unit for sensitive paperwork? Are the stacks getting too high to manually shred them on your own? We have the solution for you! This Saturday, May 5th at Euless, TX City Hall we are hosting a free shred event! Bring ALL of your sensitive paperwork with you and watch it get shredded right in ...
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Tax Late Fees and Interest

Tax Late Fees and Interest

If you missed the deadline to file your 2017 taxes, it is important to realize the longer you wait the worse your situation will become. This is, if you owe the IRS money. If you are due for a tax return, you have until year 2021 to file your 2017 taxes and receive your tax return with no penalties or ...
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What Information Do I Bring To My Enrolled Agent for Business Taxes

What Information Do I Bring To My Enrolled Agent for Business Taxes

Taxes are due this on April 17th of this year! If you have not gotten your taxes filed, time is running up! Do not miss the deadline for your taxes because you are too overwhelmed to breakaway from your busy schedule to sit down and prepare you tax filing! Instead, contact Enrolled Agent, Sandra King! She will alleviate the stress ...
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Benefits For Businesses To File Taxes

Benefits For Businesses To File Taxes

It can be quite overwhelming for a business owner to take on the task of filing their business tax returns while also trying to manage their company. Regardless of how overwhelming the task of filing your tax returns may be, it is crucial to take care of this for your company. There are several benefits that will work to your ...
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Offer In Compromise Explored

How to Make an Offer to the IRS

Offer In Compromise Explored What happens in the event someone cannot pay the full sum of their taxes? This is something not many people think about. There are a few different options, such as just not paying the amount you owe and allowing your debt to continue to multiply or requesting a deadline extension to pay. However, neither of these ...
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What Happens If You File Your Taxes Late

What Happens If You File Your Taxes Late

If you know you are going to miss the deadline to file your taxes, it is important to file an extension in order to avoid penalties associated with late taxes. Why File For An Extension Whenever you file an extension you are automatically granted a later date to file your taxes, protecting you from penalties that can quickly add up ...
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What Businesses Need to Know About the New Tax Law 2018

What Businesses Need To Know About The New Tax Law 2018

One of the most notable and important changes that our country is facing under the tax reform is how taxes are being handled for businesses. Different than the changes to individual taxes, that are less permanent and somewhat fragmented, the changes we are seeing to how business taxes will be handled seem to be more permanent and fully fleshed out ...
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Why Hire An Enrolled Agent

Why Hire An Enrolled Agent

An enrolled agent's services can be very helpful when it comes to handling your tax issues, especially those related to the IRS. There are other options available when it comes to hiring someone to handle your taxes, such as hiring a CPA or tax attorney. Like tax attorneys and CPAs, enrolled agents are tax professionals who have become licensed to ...
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What It Takes To Become An Enrolled Agent

What It Takes To Become An Enrolled Agent

Lots of people wonder, what it is takes to makes someone qualified to file other people’s taxes. Does the IRS even monitor who it is that becomes an enrolled agent or hold them against a standard of excellence you can trust with the highly sensitive and important information that is required to properly file your personal or business taxes? The ...
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Why Tax Filing is Important

Why Tax Filing is Important?

During the spring of every year and very near April 15 millions of Americans file their income tax. Some file begrudgingly begging the question; “why tax filing is important”. The United States government requires all individuals who earn a specific amount of income file Tax Returns annually. Failure to do so could result in penalties. In the most negligible and ...
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What is tax return filing

What is Tax Return Filing

Filing a tax return is a United States Government requirement of all working Adults of a certain age and income. It is used to measure your income for taxes that are to be paid to the government. This taxation is also termed as Federal income tax”. The Internal Revenue Service (IRS), taxing agency for the US government determines who has ...
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A Look Into 2018 Taxes

A Look Into 2018 Taxes

New Tax Bill Standard Deductions For those that opt to take the standard deduction on their taxes rather than itemized deductions, the Tax Cuts and Jobs Act (H.R 1) increases the amount you can deduct until 2025, when the provision is set to expire. The amount goes from $6,350 to $12,000 for single filers and from $12,700 to $24,000 for ...
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The Tax Cuts and Jobs Act of 2017

The Tax Cuts and Jobs Act of 2017

Are you confused over the new tax laws? Afraid you might make a mistake while filing your personal or business taxes this year? Or maybe you are just interested in learning more, no matter what the case we have the solution! Sandra King welcomes you to join her at Texas Star Conference Center on Wednesday, February 7, 2018 between 7:00 ...
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Should I Incorporate My Small Business

Should I Incorporate My Small Business?

There are advantages and disadvantages to incorporation. The decision to incorporate depends primarily on your net income and your level of exposure in the event of a law suit. As a sole-proprietor, you are the business. What ever happens to the business happens to you and your family as well. If you were to be sued, your personal assets along ...
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/ Tax Preparation

Customer Reviews…

Sandra King  

I was referred to Sandi and her team for help with accounting matters in both my business and personal life by my good friend, a long-time owner of a successful company. I’m glad he did.

King Financial Services, Inc. proved themselves to be trusted, experienced business advisers.

– Brian P.

Kent E. Hopkins  

I highly recommend Kent Hopkins. He was easily able to understand a difficult issue involving my business taxes. He had all of the answers when it came to quickly getting the information we needed to resolve the issue.

He did this in a professional and compassionate manner.

– Greg S.

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