King Financial Services is here to help you resolve even the most complex of tax issues. We understand how difficult of a position it is to owe the IRS money. Not only do we help you get the most out of your tax returns, we also help you find solutions that fit your specific needs. We are home to two Enrolled Agents, that are empowered by The United States Treasury to prepare your personal or business tax filing. Don’t waste your time calling one of the large advertisers that claim to solve your problems for pennies on the dollar, instead take the time to talk to your trusted, local tax expert. Our team solves IRS tax problems locally and in every state. We are here to help you resolve your tax problems and put an end to the misery that the IRS can put you through. We pride ourselves on being very efficient, affordable, and, of course, discrete.
IRS Fresh Start Initiative Near Me
If so, the IRS Fresh Start program for individual taxpayers and small businesses can help. The IRS began Fresh Start in 2011 to help struggling taxpayers. Now, to help a greater number of taxpayers, the IRS has expanded the program by adopting more flexible Offer-in-Compromise terms. This expansion will enable some of the most financially distressed taxpayers to clear up their tax problems, possibly more quickly
than in the past.
Tax Debt Relief Near Me
Owing the IRS money can be overwhelming to overcome and may not easily be paid in your current financial situation. Luckily, the IRS understands this and developed a program to help taxpayers settle the tax debts they owe for less than the total amount due. This is done through what is referred to as an Offer in Compromise. An Offer in Compromise is an agreement between a taxpayer and the IRS that allows the taxpayer to settle the debt for less.
It is recommended by the IRS that any taxpayer interested in making an Offer in Compromise works with a tax professional with extensive experience in this area. At King Financial Services in Dallas, we have two Enrolled Agents on staff that can help you resolve even the most complex tax issues. We are familiar with the process and can help you get your offer accepted and your tax debt reduced.
According to the IRS’s website:
(an offer in compromise)may be a legitimate option if you can’t pay your full tax liability, or doing so creates a financial hardship. We consider your unique set of facts and circumstances:
Ability to pay;
(the IRS) generally approves an offer in compromise when the amount offered represents the most we can expect to collect within a reasonable period of time. Explore all other payment options before submitting an offer in compromise. The Offer in Compromise program is not for everyone. If you hire a tax professional to help you file an offer, be sure to check his or her qualifications.
Business Tax Help Near Me
Many business owners turn to experienced tax professionals to help them prepare their professional taxes. This year even more business owners are looking for assistance when it comes to filing their business taxes because of the complexities associated with financial aid and the COVID-19 pandemic. If your business has suffered due to the circumstances of the pandemic, you may qualify for more tax write-offs than you realize. At King Financial Services, we understand the importance of saving money, especially for small business owners that have been most affected by the pandemic.
If you are looking for “business tax help near me”, we can help you! Our highly qualified tax professionals work with business owners from a wide range of industries to help reduce their taxes and file accurate tax returns. Do not let your taxes overwhelm you, instead work with a team of financial professionals who will advocate for your needs.
King Financial Services in Dallas
Don’t get lost in the paperwork that comes along with running a business, instead reach out to King Financial Services. Our team of financial professionals understands how overwhelming it can be to you and your staff to keep up with additional tasks and record keeping. This is why we help eliminate the workload that comes with bookkeeping in house by managing all of the additional responsibilities, such as payroll and bookkeeping. Contact us today to learn more about the tax and financial services we offer. Sandra King is an enrolled agent, empowered by The United States Treasury to prepare your personal or business tax filing. While her services are offered nationwide, Sandra King locally serves the greater Dallas-Fort Worth area, including but not limited to Arlington, Bedford, Colleyville, Euless, Fort Worth, Grand Prairie, Hurst, Mansfield, North Richland Hills, and Richland Hills.