Category Archives: Uncategorized

  What is an Enrolled Agent?   According to the IRS.gov: An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by either passing a three-part comprehensive IRS test covering individual and business tax returns, or through experience as a former IRS employee. Enrolled agent statusContinue reading “How Can An Enrolled Agent Help Me?”

Running a business and maintaining the proper paperwork, recordkeeping, and financial information can be difficult even under the best of circumstances. When you throw a global pandemic into the mix that leads to massive shutdowns for many industries, and painstakingly difficult regulations on others, the complexity is magnified. There are many different relief packages andContinue reading “New Law Impacting Disaster Relief”

A second round of PPP loans are available to help businesses as the pandemic continues on into 2021. While it is important to do your research to understand how these loans work, for many businesses, these offer tremendous help.    In the months between April and August of last year, the Paycheck Protection Program  distributedContinue reading “Second Round of PPP Loans Available”

You may not even be sure how much money you are supposed to be receiving in a stimulus check, or even if you qualify for a stimulus check at all. Unfortunately, not knowing how much money you should or should not be getting from the IRS can lead to complications for you financially. This isContinue reading “What Do I Do If The IRS Sends Me Too Much Stimulus Money?”

As the pandemic stretches into 2021, we are continuing to see changes made by the Internal Revenue Service in order to accommodate the new systems put into place. As always the financial experts at King Financial Services in Dallas, TX are here to help you navigate your professional and personal taxes in order to protectContinue reading “IRS Delays Start of Tax Filing Season”

February 1 is the deadline for employers to issue and file wage statements.   Taken from the IRS’s website: Employers must file Form W-2 and other wage statements by Monday, February 1, 2021. This is also the date Form W-2s are due to employees. By law, employers are required to file copies of their FormContinue reading “February Deadline For Employers”

Regardless if you filed your 2019 taxes or not, it is not too early to start planning your 2020 taxes that are due April 15, 2021. There were many tax changes that are making this one of the most drastic differences between filing years in quite some time. The earlier you decide to educate yourselfContinue reading “5 Ways Your Taxes Will Differ When You File in 2021”

What is a PPP Loan? The Paycheck Protection Program (PPP) is a $669-billion business loan program that was developed by by the 2020 US Federal government Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to assist qualifying businesses, self-employed workers, sole proprietors, qualifying nonprofit organizations, and tribal businesses, so that they would be ableContinue reading “The Fine Print on PPP Loans”

We are well into the last quarter of 2020, causing many people to begin thinking about the taxes they will need to pay on their income for the year. While taxes are unavoidable no matter who you are, King Financial Services would like to help by providing some key tax tips for the end ofContinue reading “Tax Tips For The End of The Year”

According to the IRS’s website:   “The deadline to register for an Economic Impact Payment using the Non-Filers tool is extended to November 21, 2020.   The IRS urges people who don’t typically file a tax return – and haven’t received an Economic Impact Payment – to register as quickly as possible using the Non-Filers:Continue reading “Economic Impact Payment Registration Deadline Extended”