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Small businesses already have many odds stacked against them when trying to thrive in a world run by larger corporations. The newer the business is, typically the most difficult the struggle to survive. With the unexpected and financially devastating impact of COVID-19 in our communities, small businesses have had to overcome many additional obstacles thisContinue reading “Bookkeeping During COVID-19”

This year the IRS sent a stimulus check to every qualifying American that amounted to $1,200, with the addition of $500 for every child. The talk of a second round of stimulus checks has been buzzing around since the summer with no set dates or certainty when they will be decided on, or when theyContinue reading “Do I Have To Claim My Stimulus Check On My Taxes?”

For many small and medium-sized businesses, working with an outside company in order to keep up with bookkeeping and payroll services is the most financially viable option. This is because hiring an in-house employee to track these finances means adding an additional employee to pay the salary of and worry about benefits for. In otherContinue reading “Do I Need To Hire Someone For My Bookkeeping and Payroll?”

Business owners are required to take on several different tasks in order to keep their business functioning properly and to continue growing it. This can make it difficult to find the time to keep up with some essential aspects of running your business, such as doing your bookkeeping and payroll services. While larger businesses mayContinue reading “Affordable Bookkeeping and Payroll Services”

When it comes to running a successful business finding time for your bookkeeping and payroll may be difficult to manage. Many businesses hire an in-house bookkeeper and payroll employee, but this can be expensive and not in the budget for many small and medium-sized businesses. At King Financial Services in Fort Worth, we have theContinue reading “Local Bookkeeping and Payroll Services”

According to the IRS: Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business operates to make a profit.   What Can I Deduct? To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common andContinue reading “Guideline for Deducting Business Expenses”

Unfortunately, 2020 has been an extremely trying time for many individuals and business owners across the world. Not only have we been impacted by the spread of this virus, but we also have been exposed to a new way of life that has left many people in an unstable financial position. No one could haveContinue reading “Tax Help For Businesses Affected By The Pandemic”

Filing your taxes can be difficult even in the most simple of circumstances, filing your taxes during a global pandemic and shut-down, can be downright overwhelming. Luckily, the team at King Financial Services is here to help you. We understand that for many businesses, the lockdown orders we have seen throughout our communities have madeContinue reading “Affordable Tax Help in Fort Worth TX”

Dealing with the stresses of filing your business or personal taxes can be overwhelming even under the best of circumstances. Trying to navigate this task during a pandemic, where your business has been forced to either shut down or quickly adapt to new guidelines can be extremely stressful and confusing. Luckily, the financial experts atContinue reading “2020 Tax Assistance in Fort Worth TX”

Around the world people are changing the way they live their lives and interact with the world around them in order to help fight the spread of COVID-19. This pandemic has been difficult for individuals and businesses alike. The government is providing federal disaster loans of up to $2 million have been made available toContinue reading “What Federal Relief Do I Qualify For?”