K & K Tax Services

Ever wonder what the IRS does with property they seize to cover individual tax debt? They sell it of course -- they're only interested in the cash needed to pay off tax bills.

And that can mean good deals for anyone looking to buy. Check it out!

Treasury and IRS tax auctions offer bargains Arizona home to be auctioned to pay federal tax debt. I've seen a lot of estate sale signs lately. Either it's an indication of the changing demographics of my part of Austin or folks are trying to fancy up their garage sales. An estate (or renamed garage) sale basically is a way to dispose of most....

Record-keeping is KEY for successful business tax filing, whether you're a self-employed entrepreneur or a large manufacturing firm.

We don't just prepare taxes - we can advise you throughout the year on how to tend to your books so that you aren't scrambling at tax time to find the numbers you need. We have appointments open in our schedule to sit down with you and talk through the best way to manage your records.

When you filed your 2017 taxes, did you wonder if you could be writing off expenses, but just didn’t know HOW? The ability to write things off is a money-saver for sure -- but you MUST do it correctly. Piecing together the “Write-Off Puzzle” can definitely be worth your time investment when it pays off in tax savings. Give us a call today to know how to handle your records throughout the year in preparation to save big next tax season.

Some Monday motivation as you step back into the work week:

"Don't watch the clock; do what it does. Keep going." - Sam Levenson

We enjoyed these quick, simple tips for being intentional each day, rather than getting caught in a grind of "the same."

Transform Your Day With This 10-Minute Routine When You First Arrive at the Office Here's how focusing on the present before moving into the day's goals can change your outlook.

You are good at what you do for a living -- and when it comes to taxes, we’re pretty darn good ourselves. We save taxpayers like YOU time, money and IRS aggravations for a living. The way to win during "tax season" is to plan your tax strategy well throughout the rest of the year. Give us a call to set up a planning strategy session, and put our expertise to work for you.

When building a business budget, get yourself in a flexible frame of mind. Setting a budget, say for a year at a time, that you're unwilling to tweak could be a detriment to your finances, rather than the help that's intended.

Look over your budget monthly with your team, and be willing to make smart changes, based on the expenses and income your company is looking at -- particularly by taking a realistic look at your sales predictions. How much will you really be bringing in over the coming month?

"The best way to appreciate your job is to imagine yourself without one." - Oscar Wilde

Personally, we love our job. (Yes, even now, just after tax busy season ... well, perhaps we love it especially because it's AFTER the busy season!) But we know plenty of friends and clients who have dreams to try their hand at something else. Whichever camp you find yourself in, there's something to be grateful for today.

When it come to personal budgeting, tips and tricks abound. If it's sticking to your budget that is your personal budget pitfall, then the envelope system might be for you.

This strategy makes all your spending cash ONLY. At the beginning of the month, you withdraw *only* the cash you'll need for each of your budget categories, and spend from that. Once the cash is gone, your spending ability is too.

If you've got a success story with this method, we'd love to hear it!

If you have the gratification of receiving a tax refund, you may be feeling like a kid on Christmas morning.

May we make a suggestion? Instead of picking a brand new, shiny toy to buy with that proverbial "wad of cash," consider your financial picture as a whole. Is there a move you could make with this money that would benefit you in the long run? A few ideas:

- Make an extra mortgage payment
- Pay down your student loans
- Set aside what you'll need to pay your property tax at the end of the year