Carol L. King & Associates, P.A.

Carol L. King & Associates, P.A. Carol L King & Associates is honored to provide accounting and tax services to businesses, families, and friends for 30 years. CAROL L. KING & ASSOCIATES, P.A.

was founded in 1991 to provide professional financial solutions to businesses and individuals. The firm started as a small business servicing the needs of business owners and individuals in the Asheville area and surrounding counties and has grown to be a leading firm that services a wide variety of clients all over the United States. We believe in the value of relationships. We view every client

relationship like a partnership, and truly believe that our success is a result of your success. We are committed to providing close, personal attention to our clients. We take pride in giving you the assurance that the personal assistance you receive comes from years of advanced training, technical experience and financial acumen. Our continual investment of time and resources in professional continuing education, state-of-the-art computer technology and extensive business relationships is indicative of our commitment to excellence.

If you are considering selling your home or have recently sold your home, there are possible tax consequences. The good ...
04/01/2024

If you are considering selling your home or have recently sold your home, there are possible tax consequences. The good news? Much of the gain on the sale of your home may be tax exempt. The bad news? If you sold your home at a loss, in all likelihood, there is not a deduction available to you.

Our greatest glory is not in never failing, but in rising up every time we fail. -Ralph Waldo Emerson
03/29/2024

Our greatest glory is not in never failing, but in rising up every time we fail. -Ralph Waldo Emerson

One of the main benefits of turning your hobby into a business is deducting all your qualified business expenses, even i...
03/28/2024

One of the main benefits of turning your hobby into a business is deducting all your qualified business expenses, even if it results in a loss.

Accounting Fast Fact: Your filing status determines which tax forms you’ll fill out and is a major factor when calculati...
03/27/2024

Accounting Fast Fact: Your filing status determines which tax forms you’ll fill out and is a major factor when calculating your taxable income. Whether you’re single and ready to mingle or joined in matrimony, your relationship status determines how you file and if you’re entitled to any tax breaks.

A Not For Profit is a type of incorporated organization in which no stockholder or trustee shares in profits or losses a...
03/26/2024

A Not For Profit is a type of incorporated organization in which no stockholder or trustee shares in profits or losses and which usually exists to accomplish some charitable, humanitarian, or educational purpose.

Liquidity 101: Available money on hand to pay bills when they are due and to take care of unexpected needs for cash.
03/25/2024

Liquidity 101: Available money on hand to pay bills when they are due and to take care of unexpected needs for cash.

"In order for the light to shine so brightly, the darkness must be present." — Sir Francis Bacon
03/22/2024

"In order for the light to shine so brightly, the darkness must be present." — Sir Francis Bacon

Self-employed workers need to account for F**A taxes. In addition to your income taxes, remember to also account for you...
03/21/2024

Self-employed workers need to account for F**A taxes. In addition to your income taxes, remember to also account for your Social Security and Medicare taxes. Creating and funding a savings account for this purpose can help avoid a possible cash flow hit each quarter when you pay your estimated taxes.

When you win a prize, fill out a sheet outlining the details of the event. Record the identity of the sponsor, the date,...
03/20/2024

When you win a prize, fill out a sheet outlining the details of the event. Record the identity of the sponsor, the date, a detailed description of what was won, copies of documentation, photos of the items won, and the approximate retail value assigned to the prize by the sponsor.

A Living Will is a written legal document, also called a "medical directive" or "advance directive." It shows what type ...
03/19/2024

A Living Will is a written legal document, also called a "medical directive" or "advance directive." It shows what type of treatments you want or don’t want in case you can’t speak for yourself, like whether you want life support. Usually, this document only comes into effect if you’re unconscious.

Tax Tip: Insolvency is a state where an individual or organization can no longer meet financial obligations with lender(...
03/18/2024

Tax Tip: Insolvency is a state where an individual or organization can no longer meet financial obligations with lender(s) when their debts come due.

Perfection is not attainable, but if we chase perfection we can catch excellence. -Vince Lombardi
03/15/2024

Perfection is not attainable, but if we chase perfection we can catch excellence. -Vince Lombardi

Address

10 Brook Street Suite 235
Asheville, NC
28803

Opening Hours

Monday 8:30am - 5:30pm
Tuesday 8:30am - 5:30pm
Wednesday 8:30am - 5:30pm
Thursday 8:30am - 5:30pm
Friday 8:30am - 1pm

Telephone

(828) 258-2323

Website

Alerts

Be the first to know and let us send you an email when Carol L. King & Associates, P.A. posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Carol L. King & Associates, P.A.:

Shortcuts

Share

Category