What Exactly Does A Bookkeeper Do?

What Is Bookkeeping?

No one gets into opening a business because they are passionate about doing the busy work that comes along with staying legally compliant and financially organized. Hiring a bookkeeper to help keep your business on top of their finances can go a long way to keeping your business functioning and ready for taxes. Bookkeeping is defined as the recording, storing, and collecting of all financial transactions for a business, nonprofit organization, individual, etc. These financial transactions that should be recorded, stored, and collected, include but are not limited to:

 

Responsibilities of A Bookkeeper

-Billing for goods sold or services provided to clients

-Recording receipts from customers

-Verifying and recording invoices received from suppliers

-Paying suppliers

-Processing employees’ pay and the related governmental reports

-Monitoring individual accounts receivable

-Recording depreciation and other adjusting entries

-Providing financial reports

 

King Financial Services offers precise and affordable bookkeeping and financial services in Dallas, TX and the surrounding areas. If you are looking to find a more efficient and hassle free way to keep up with your company’s bookkeeping contact King Financial Services today. We have decades of experience in providing businesses with easy bookkeeping solutions to keep them organized and on track. When you work with us you are not gambling with your finances, instead you are working with a team that’s top priority is to ensure all of your finances are documented and filed properly. Contact us to learn more about the financial services we offer and how we can help to eliminate the stress of keeping track of your company’s finances. Don’t forget to ask about our other financial services!

 

In-House Bookkeeping VS. Outsourced Bookkeeping

As a busy business owner there is no shame in hiring a bookkeeper to handle your finances. There are many other important tasks to keep you busy. Your options for a bookkeeper to handle your commercial finances are choosing between hiring an employee who has the sole responsibility of handling the bookkeeping and payroll services or hiring someone outside of the company. There are many expenses that come with taking on an additional employee for your company, that can make it become expensive quickly. Instead of paying the costs to add another employee to your company, a more affordable and simple solution is to work with an outside company, such as, King Financial Services. We can free your schedule and save you the hassle of hiring another employee! Contact us today to learn more about the bookkeeping and other financial services we offer.

 

Nationwide COVID-19 Response

Federal disaster loans of up to $2 million have been made available to small businesses and nonprofits significantly affected by the coronavirus pandemic.

 

Dallas TX Bookkeeping Experts

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.

 

King Financial Services Inc
610 S Industrial Blvd. Suite 140
Euless, TX 76040
Phone: (800) 503-1343
https://kingfinancialsvcs.com/
https://www.facebook.com/kingtaxsvcs

from Sandra King Financial Services Inc https://ift.tt/3aUP7Ij
via IFTTT

How Much Does It Cost To Get Someone To Do Your Taxes?

When it comes to how much it costs to file your taxes, this will depend on several factors, including if you are filing for yourself or for a business. Generally, the more complex the taxes are or the longer they take to prepare, the more you will pay. If you are looking for a quote to know how much your tax filing will cost, contact King Financial Services today. We offer our clients precise and affordable financial and tax services in Euless, TX and the surrounding areas. If you are looking to have your commercial taxes prepared by agents you can trust, contact King Financial Services today. We won’t gamble with your finances, instead we work to ensure everything is done properly so you do not pay more than you have to. Whenever you choose to work with us we make sure all of your records are kept in order so that you are prepared for when tax season comes around! Don’t miss out on tax exemptions your company qualifies for by filing on your own. Contact us to learn more about how we can help eliminate the stress of filing your taxes next season.

 

Commercial Tax Filing in Euless TX

Business owners know better than anyone, you cannot afford to overload yourself with all of the behind the scenes needs of your company. When you work with King Financial Services, we do everything we can to help take the weight of tax filing off your shoulders. When you work with King Financial Services, we help get you set up with online software that tracks your finances and makes it simple for us to come in and analyze the data.

 

One of the most complicated things businesses will have to do is file their taxes. Many people have anxiety about misfiling that leads to paying too much or getting audited by the IRS. There is no reason you should have to face this trying time on your own. Contact King Financial Services today to learn more about the services we offer and how enrolled agent Sandra King can help you to overcome your tax debt in the most efficient way, so you can leave your stresses in the past!

 

Get Tax Relief For Your Business

Right now the government is rolling out federal disaster loans of up to $2 million dollars for small businesses and nonprofits that have felt a significant amount of loss because of the Coronavirus pandemic. Contact us today to learn more about how we can help your business to apply for a loan in this difficult time. We look forward to working with you and hope you are staying safe during this time!

 

Tax Help in Euless, TX

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.

 

King Financial Services Inc
610 S Industrial Blvd. Suite 140
Euless, TX 76040
Phone: (800) 503-1343
https://kingfinancialsvcs.com/
https://www.facebook.com/kingtaxsvcs

from Sandra King Financial Services Inc https://ift.tt/2K1vkfe
via IFTTT

How Do I Get My Tax Information?

Whenever it comes to working with the IRS in order to settle your debts, many can feel overwhelmed even when everything is going according to plan. Now, with the Coronavirus having such a massive impact on the way we live our lives, it may feel even more difficult to obtain the proper records you need in order to file your personal or business tax returns. There is no reason you need to go through this difficult process on your own, instead, contact King Financial Services today! Our team is here to help provide you with the best financial services in Euless, TX. Reach out to us to learn more about the services we offer and how enrolled agent Sandra King can help you to overcome your tax debt in the most efficient way, so you can leave your financial problems in the past!

 

Collecting Your Tax Information

Right now there is a 90 day tax extension in order to file your tax return. While this may seem like it is long enough away that it does not need to be your main focus, keep in mind that with businesses being temporarily shut down and stay at home orders in nearly every city in our country, it may be a good idea to start reaching out for your tax information early. You will need to have your information sent to you which may take longer than normal. Reach out to previous employers, banks, and other accounts that have information you may need in order to complete your 2019 tax return.

 

Whenever individuals or business owners choose to work with King Financial Services they may experience many  benefits. Including, maximizing your tax return by utilizing all tax deductions. Deductions are powerful tools with the ability to help lower your taxes. When the total is found, it is then subtracted from your adjusted gross income, which in turn lowers your actual taxable income. Your taxable income is the amount you pay taxes on. The lower it is, the less tax you pay and the higher refund you might get back. If you need help figuring out the total cost of your deductions, or to ensure you are not missing out on any, contact King Financial Services today. Our team will help you maximize your refund and pay less this coming tax season!

 

Get Tax Relief For Your Business

Right now the government is rolling out federal disaster loans of up to $2 million dollars for small businesses and nonprofits that have felt a significant amount of loss because of the Coronavirus pandemic. Contact us today to learn more about how we can help your business to apply for a loan in this difficult time. We look forward to working with you and hope you are staying safe during this time!

 

Tax Help in Euless, TX

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.

 

 

King Financial Services Inc
610 S Industrial Blvd. Suite 140
Euless, TX 76040
Phone: (800) 503-1343
https://kingfinancialsvcs.com/
https://www.facebook.com/kingtaxsvcs

from Sandra King Financial Services Inc https://ift.tt/2V0yshC
via IFTTT

How Can I Get Tax Help?

Right now, with social distancing and stay at home orders, residents of the United States may be unsure of how they are supposed to go about filing their personal and business taxes. Gathering the proper information, seeking the necessary help, and submitting your taxes may all seem out of reach at this time. However, the good news is that the federal government has made amendments to the 2019 tax filing deadline. We have been given an additional 90 days in order to file our taxes with no consequence. Additionally, many online services are available to you in order to file by the new deadline.

 

At King Financial Services, we understand this time may be difficult for you, your family, and your business. Taxes may not be your top priority at this time, as many of us are dealing with the affects Covid-19 has had on our country and our world. However, whenever you are ready to tackle the burden of filing your personal or business taxes, the team at King Financial Services is here to help. We work hard to ensure that you are getting every tax break you qualify for and are filing without error. Our team specializes in helping taxpayers get ahead of their tax debt and come up with a plan for success in the future.

 

We believe that staying organized and on top of your finances year round is the best way to avoid getting in over your head with the IRS. Our team is dedicated to helping you make good habits that allow you to track your financial position every month so you are not surprised when tax season rolls around. If you are looking for tax help, we are here for you. We have decades of experience providing tax advice and consulting for our clients.

 

Dealing with the IRS to settle your tax debt may be difficult and overwhelming, but there is no reason you should have to face this trying time on your own. Contact King Financial Services today to learn more about the services we offer and how enrolled agent Sandra King can help you to overcome your tax debt in the most efficient way, so you can leave your stresses in the past!

 

Get Tax Relief For Your Business

Right now the government is rolling out federal disaster loans of up to $2 million dollars for small businesses and nonprofits that have felt a significant amount of loss because of the Coronavirus pandemic. Contact us today to learn more about how we can help your business to apply for a loan in this difficult time. We look forward to working with you and hope you are staying safe during this time!

 

Tax Help in Euless, TX

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.

 

 

King Financial Services Inc
610 S Industrial Blvd. Suite 140
Euless, TX 76040
Phone: (800) 503-1343
https://kingfinancialsvcs.com/
https://www.facebook.com/kingtaxsvcs

from Sandra King Financial Services Inc https://ift.tt/2Xs3QqT
via IFTTT

Coronavirus Tax Relief for Businesses

Right now, people all around the world, including American citizens, are adjusting their lifestyles and adapting where they can, to help stop the spread of the Covid-19 virus. Not only has this pandemic caused an obvious social and medical impact on all of the countries it has touched, it has also caused a massive hit to our economic world. Many businesses are dealing with financial devastation as more and more companies are being asked to close their doors temporarily while this virus is being contained. While this is an extremely difficult time for our nation, the government is currently working to find solutions to help stop the devastation from continuing to grow.  If you are a business owner trying to navigate this trying time, contact King Financial Services. Our team will help you to understand what tax relief options you qualify for and how to protect your company the best you can.

 

Below is a statement from the Treasury Department and the Internal Revenue Service:

 

“[We] are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns remains April 15, 2020. The IRS urges taxpayers who are owed a refund to file as quickly as possible. For those who can’t file by the April 15, 2020 deadline, the IRS reminds individual taxpayers that everyone is eligible to request a six-month extension to file their return.

 

This payment relief includes:

Individuals: Income tax payment deadlines for individual returns, with a due date of April 15, 2020, are being automatically extended until July 15, 2020, for up to $1 million of their 2019 tax due. This payment relief applies to all individual returns, including self-employed individuals, and all entities other than C-Corporations, such as trusts or estates. IRS will automatically provide this relief to taxpayers. Taxpayers do not need to file any additional forms or call the IRS to qualify for this relief.

 

Corporations: For C Corporations, income tax payment deadlines are being automatically extended until July 15, 2020, for up to $10 million of their 2019 tax due.

 

This relief also includes estimated tax payments for tax year 2020 that are due on April 15, 2020.

 

Penalties and interest will begin to accrue on any remaining unpaid balances as of July 16, 2020. If you file your tax return or request an extension of time to file by April 15, 2020, you will automatically avoid interest and penalties on the taxes paid by July 15.

 

The IRS reminds individual taxpayers the easiest and fastest way to request a filing extension is to electronically file Form 4868 through their tax professional, tax software or using the Free File link on IRS.gov. Businesses must file Form 7004.

 

This relief only applies to federal income tax (including tax on self-employment income) payments otherwise due April 15, 2020, not state tax payments or deposits or payments of any other type of federal tax. Taxpayers also will need to file income tax returns in 42 states plus the District of Columbia. State filing and payment deadlines vary and are not always the same as the federal filing deadline. The IRS urges taxpayers to check with their state tax agencies for those details. More information is available at https://www.taxadmin.org/state-tax-agencies.”

https://www.irs.gov/newsroom/payment-deadline-extended-to-july-15-2020.

For businesses, working with an enrolled agent can be extremely helpful in finding tax breaks that you will qualify for. Our team is dedicated to helping your company bounce back from this unfortunate hit. Contact us today to learn more about how we can help your company today!

 

Tax Relief Experts

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.

 

King Financial Services Inc
610 S Industrial Blvd. Suite 140
Euless, TX 76040
Phone: (800) 503-1343
https://kingfinancialsvcs.com/
https://www.facebook.com/kingtaxsvcs

from Sandra King Financial Services Inc https://ift.tt/2wJ57Py
via IFTTT

How To Postpone Scheduled IRS Payments During COVID 19 in Fort Worth Texas

All around the world, in our country, in our state, and now in our city, we are adjusting to the spread of COVID-19. Not only has this unprecedented worldwide pandemic response affected the health of hundreds of thousands of people, it also has greatly impacted the economic function of our world. Many businesses and individuals are dealing with financial devastation as more and more companies are being asked to close their doors temporarily while this virus is being contained. While this is an extremely difficult time for our nation, the government is currently working to find solutions to help stop the devastation from continuing to grow. In addition to the stimulus package the government has agreed to, they are also adjusting tax season and penalties.

 

Treasury Secretary Steven Mnuchin came out Tuesday with information letting taxpayers know they are allowed to delay paying their income taxes on as much as $1 million in taxes owed for up to 90 days. In regular circumstances, individual income taxpayers would be required to submit their 2019 tax returns and pay amounts owed by April 15

 

If you are a business owner trying to navigate this trying time, contact King Financial Services. Our team will help you to understand what tax relief options you qualify for and how to protect your company the best you can.

 

Who Is Eligible For Relief?

According to the IRS, “Any person with a Federal income tax return or payment due on April 15, 2020, is eligible for relief under the Notice. “Person” includes any type of taxpayer, such as an individual, a trust, an estate, a corporation, or any type of unincorporated business entity. The payment due refers to both 2019 Federal income tax payments (including payments of tax on self-employment income) and 2020 estimated Federal income tax payments (including payments of tax on self-employment income), regardless of the amount owed. The return or payment must be due on April 15, 2020 – this relief does not apply to Federal income tax returns and payments due on any other date.”

 

Do I Have To Be Sick or Quarantined In Order To Qualify For Relief?

According to the IRS, “No, you do not have to be sick, or quarantined, or have any other impact from COVID-19 to qualify for relief. You only need to have a Federal income tax return or payment due on April 15, 2020, as described above.

 

For businesses, working with an enrolled agent can be extremely helpful in finding tax breaks that you will qualify for. Our team is dedicated to helping your company bounce back from this unfortunate hit. Contact us today to learn more about how we can help your company today!

 

Fort Worth TX Tax Relief Experts

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.

 

 

King Financial Services Inc
610 S Industrial Blvd. Suite 140
Euless, TX 76040
Phone: (800) 503-1343
https://kingfinancialsvcs.com/
https://www.facebook.com/kingtaxsvcs
https://kingfinancialsvcs.com/service-areas/irs-tax-consultants-fort-worth-tx/

from Sandra King Financial Services Inc https://ift.tt/2QMRh5u
via IFTTT

Bookkeeping For Construction Companies in Dallas TX

Do you own a construction company in the Dallas area? Are you looking to get your financial record keeping up to date and in order? If so, King Financial Services can help. Our team of financial professionals help business owners get organized and on top of keeping accurate and current records for their business. Whether you are behind on your books, have a new company, or are simply searching for a more efficient bookkeeping strategy, we can help. Contact us today to learn more about the services we offer and how we can help you take care of your finances before tax season!

 

What Makes Construction Bookkeeping Different?

When it comes to construction bookkeeping, it is important to note that even though it may follow the same basic principles of general accounting, there are a wide range of distinctions that must be tracked and recorded in order to manage a successful construction company. The intention of construction bookkeeping is to keep close track of each individual project, in order to monitor the financial influence these jobs will have on the company. When construction companies are working to complete an accurate bid, the costs of labor, employee wages, transportation, equipment, vehicles, materials, and insurance, must all be taken into account. When your construction company has an effective bookkeeping strategy in place, you will be able to accurately estimate the costs of these factors for future jobs. King Financial Services is here to help your construction company reach new levels of success, by helping you track your finances and stay organized! Schedule a free consultation with King Financial Services when you mention the word, “website.”

 

When you work with King Financial Services for your bookkeeping and payroll services in the Dallas, TX area, you can relax knowing that your commercial finances are being properly managed and tracked by our team. Our team of financial professionals make keeping track and managing your finances easier than ever before. When it comes to your payroll services, we ensure every employee is properly paid and on time without stressing you or your staff. Do not waste your money or time, by hiring an employee to do your payroll services or try to squeeze that task into your busy schedule. Instead, work with King Financial Services. Our staff has a reputation for delivering quick and accurate information and payments to the companies we work with. If you would like to change your current bookkeeping and payroll strategies, we can help! Contact King Financial Services in Dallas today to find out more about the services we offer and how we can help make payroll for your company a breeze.

 

Affordable Bookkeeping in Dallas TX

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.

 

King Financial Services Inc
610 S Industrial Blvd. Suite 140
Euless, TX 76040
Phone: (800) 503-1343
https://kingfinancialsvcs.com/
https://www.facebook.com/kingtaxsvcs

from Sandra King Financial Services Inc https://ift.tt/3au0BTj
via IFTTT

Bookkeeping Services in Bedford TX

Tax season is around the corner; meaning, if you are behind on your company’s bookkeeping, now is the time to catch up! If you are currently looking to catch up on your company’s bookkeeping, so that you file your business taxes with ease, contact King Financial Services today. Our team of financial and tax experts are here to help you catch up and are offering all of our new clients the best prices in the Dallas/Fort Worth area. Our mission is to help your company get its finances in order and to provide you with the best solutions for your financial bookkeeping. We help companies get on track and stay on track by implementing a new system for your bookkeeping needs. Are you a business that is tired of keeping messy or inaccurate records? If so, we can help! Contact King Financial Services today, to learn more about how we work with our clients to help them stay organized and get their records in order. It does not matter if you are a new company, or a company looking to play catch up and get your finances on track, contact us today to learn more about how King Financial Services can make your life easier and your business run smoother in no time!

 

Why Is Bookkeeping So Important?

Has your business fallen behind on keeping accurate and up-to-date records of all of your financial dealings? This can be a major problem, especially with tax season right up ahead. Whenever your company does not maintain proper records, your business’s finances will become easily obscured and often can lead to major disaster. The entire purpose of keeping your records up to date and accurate is to keep a clear picture of your company’s financial security and viability. Whenever your records are incorrect, it can become nearly impossible to maintain a grasp on your cash flow projections and statements. Whenever you fail to have a correct measure of your finances can create issues for past due invoices, held inventory, or recurring business expenses. This includes but is not limited to shipping costs, maintenance fees, and even hourly wages. Having a comprehensive understanding of your business’s fixed and varied costs, brings you the ability to measure how much you need to make in order to break-even. Without this, it can be difficult to understand if you are making more than you are spending. This is how the team at King Financial Services can help you! We work closely with small and medium sized business owners to help them identify what issues they may be having with their company’s finances. Contact us today to learn more about how we can help get your company on track!

 

Affordable Bookkeeping in Bedford TX

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.

 

 

King Financial Services Inc
610 S Industrial Blvd. Suite 140
Euless, TX 76040
Phone: (800) 503-1343
https://kingfinancialsvcs.com/
https://www.facebook.com/kingtaxsvcs
https://kingfinancialsvcs.com/service-areas/irs-tax-consultants-bedford-tx/

from Sandra King Financial Services Inc https://ift.tt/2vNYivp
via IFTTT

Small Business Bookkeeping and Payroll in Fort Worth TX

In-House Bookkeeping Versus Outsourced

Many business owners are far too busy running their companies to manage and maintain proper financial bookkeeping. The easiest solution for this obstacle is delegating the task of recording all money matters to an experienced financial professional. For small and medium sized businesses, hiring an in-house bookkeeper can be out of the company’s budget and unnecessary. Outsourcing the work and pairing up with a company, such as King Financial Services can be a more simple and affordable solution for small and medium sized businesses that are looking for help staying organized and up to date on their financial record keeping. If you are a business owner in the Fort Worth area looking to improve your current system of tracking your company’s finances, we can help! Contact King Financial Services today to learn more about how we can get you organized and up to date with your bookkeeping!

 

Payroll Services For Small Businesses 

When you work with King Financial Services for your bookkeeping and payroll services in Fort Worth, TX you can rest easy knowing all of your finances are being properly managed. We make keeping track and managing your finances easier than ever before. When it comes to your payroll services, we ensure every employee is properly paid and on time without stressing you or your staff. Our team has a reputation for delivering quick and accurate information and payments to the companies we work with. If you would like to change your current bookkeeping and payroll strategies, we can help! Contact King Financial Services in Fort Worth today to find out more about the services we offer and how we can help make payroll for your company a breeze.

 

If you are looking to catch up on your bookkeeping and payroll, or are simply looking to find a more efficient way for your company to stay on top of its finances, King Financial Services is here to help. We help business owners grow their company, by allowing them to focus on the things that really matter. We understand it can be difficult managing your company and also keeping track of your finances, this is why we make it easier than ever before for companies to record their information so we can organize and track it. We use the online program QuickBooks, which we will help set up for you! If you are behind on your bookkeeping, do not put it off any longer, instead contact King Financial Services today! If you have any questions or concerns, or would like to know how our team of financial professionals can help your company, contact us today!

 

Affordable Bookkeeping in Fort Worth TX

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.

 

 

King Financial Services Inc
610 S Industrial Blvd. Suite 140
Euless, TX 76040
Phone: (800) 503-1343
https://kingfinancialsvcs.com/
https://www.facebook.com/kingtaxsvcs
https://kingfinancialsvcs.com/service-areas/irs-tax-consultants-fort-worth-tx/

from Sandra King Financial Services Inc https://ift.tt/31PI8O3
via IFTTT

How Do I Catch Up On Bookkeeping

No one opens a business because they love doing the tedious work that is required to keep proper financial records. When you are focused on running and growing your business it can be easy to let your busy work begin to build up. At King Financial Services we understand that running your business is already a full time job and want you to focus your time and efforts doing just that. Unfortunately, in order to run a successful and legally compliant business, you absolutely must stay on top of these things. This is why we help our clients catch up on bookkeeping, in order to have up to date and accurate records of all of their financial dealings.

 

Why Is Bookkeeping Important?

Whenever a business fails to keep accurate financial records, the finances of a company will quickly become obscured. This has the potential to affect a business dramatically and can end up costing a company everything. The purpose of tracking your financing and maintaining your records up to date and accurate is to keep a clear picture of your company’s financial viability. If your business’s records are not up to date or are recorded with errors, it can make it impossible to monitor the cash flow projections and statements. Not having an accurate measure of your finances can create problems for overdue invoices, held inventory, or recurring expenses such as shipping costs, maintenance fees, and even hourly wages.

 

Having a clear and concise understanding of your company’s fixed and varied costs, allows you the ability to gauge how much you need to make in order to break-even. Without this, it can be difficult to understand if you are making more than you are spending. Do not put off getting caught up on your company’s bookkeeping any longer, contact King Financial Services today to learn more about how we can help you catch up and stay on track with simple solutions!

 

Bookkeeping affects all areas of your business. From needing a loan from a bank to understanding what is and isn’t working with your company, proper bookkeeping is required for success! If you are looking to catch up on your bookkeeping, or are simply looking to find a more efficient way for your company to stay on top of its finances, King Financial Services is here to help. We help business owners grow their company, by allowing them to focus on the things that really matter. If you have any questions or concerns, or would like to know how our team of financial professionals can help your company, contact us today!

 

Bookkeeping Catch Up Services

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.

 

 

King Financial Services Inc
610 S Industrial Blvd. Suite 140
Euless, TX 76040
Phone: (800) 503-1343
https://kingfinancialsvcs.com/
https://www.facebook.com/kingtaxsvcs

from Sandra King Financial Services Inc https://ift.tt/38phCgA
via IFTTT

Design a site like this with WordPress.com
Get started