KLui Financials

KLui Financials https://calendly.com/dkevinlui01

As an EA and CPA, I help small business owners improve profitability and maximize tax savings through reliable financial guidance, organized BOOKKEEPING, and personalized TAX strategies tailored to their business needs.

09/07/2026

AS THE OCT 15TH DEADLINE APPROACHES, WE WOULD LIKE TO EMPHASIZE the following:
***Married? Choose the Right Filing Status***
If you’re legally married, your filing options are usually:
1. Married Filing Jointly (MFJ) — INNOCENT SPOUSE or INJURED SPOUSE relief may be available in certain cases.
2. Married Filing Separately (MFS) — Each spouse files their own return. This may be useful for liability protection or specific tax situations.
***What about Head of Household (HOH)?***
1. HOH is generally NOT available to MARRIED taxpayers unless you meet the IRS rules to be considered “unmarried,” such as living apart from your spouse for the last six months of the year and supporting a qualifying child or dependent.
2. You CANNOT file as Single unless you are "legally divorced" or "legally separated" under a final court decree.
3. Filing as HOH to obtain a refund or avoid debts because your spouse has tax issues is fraudulent.
With due respect, please do not pressure us to commit fraud by selecting an incorrect filing status for personal reasons.

08/07/2026

KLui Financials:
As we’ve expanded our tax-resolution work, we’ve successfully helped clients achieve meaningful relief in difficult IRS situations, including the following:
1. IRS balance over $100,000 dating back to 2016
Result: The taxpayer was placed in Currently Not Collectible (CNC) status due to financial hardship. She is not required to make payments at this time unless her financial situation materially improves.
2. IRS balance over $80,000 dating back to 2015
Result: We helped establish an affordable IRS installment agreement of $500+ per month, allowing the client to resolve the balance through manageable monthly payments.
Every IRS case is different, but timely representation, complete financial documentation, and the right resolution strategy can make a significant difference

07/29/2026

Sharing this post again to respond to questions on the subject:
Kehekehe e FEDERAL TAX LIEN vs "NOTICE" OF FEDERAL TAX LIEN--kihe ni'ihi 'iai e 'api:
1. Ko ho'o mo'ua pe kihe IRS, 'e kamata leva 'ae Federal Tax Lien-- 'oku ui ia koe "Silent Lien"
2. Ka a'u e mo'ua 'o lahi he $50,000, 'e file leva 'ehe IRS e "Notice" of Federal Tax Lien he county 'oku 'iai ho 'api.
3. Koe file pe 'ehe IRS e "Notice" of Federal Tax Lien, 'e fiema'u keke totongi ho mo'ua ke 'i lalo he $25,000 kae toki lava to'o --withdraw -- e Notice of Federal Tax Lien meiho lekooti
4. Feinga ke 'oua lahi e mo'ua he $50,000 pea setup ha payment plan kae 'oua e file ha federal tax lien i ho hingoa
5. Kapau leva 'oku lahi ho mo'ua he $50,000 pea file 'ehe IRS 'ae Notice to file tax lien--Setup ho'o payment plan pea tauhi ma'u pe
Thank you!

07/16/2026

IRS / STATE PAYMENT PLAN GOT CANCELLED:

Please keep your installment payment plan current to avoid cancellation.
* It can be canceled if you incur new tax debt from a recent year or miss a payment as agreed with the IRS.
* If the plan is canceled, you may have to go through the same process again, and our regular fees will apply to set up a new payment plan.
* Resetting your payment plan through our office is not free; it's time consuming. However, it is free if you handle it yourself directly with the IRS.

Thank you!

07/11/2026

Married Taxpayers: Choosing the Correct Filing Status
If you’re legally married, your filing options are limited—choosing the wrong status (especially Head of Household) can trigger IRS issues.
YOUR VALID OPTIONS:
1. Married Filing Jointly (MFJ)
* options may apply: "Innocent Spouse" or "Injured Spouse"
2. Married Filing Separately (MFS)
* Each spouse files their own return
* Often used for liability separation or specific tax situations
WHAT ABOUT HEAD OF HOUSEHOLD (HOH)?
* WRONG CHOICE. You may only qualify if you are considered “unmarried” under IRS rules and meet strict requirements (such as living apart from your spouse for the last 6 months of the year and supporting a qualifying dependent).
* Filing Single is not allowed unless you are LEGALLY divorced or separated under a final decree.
Incorrectly claiming HOH can lead to audits, penalties, and additional tax. AND it's considered a FRAUDULENT claim

07/10/2026

KWONG RELIEF:
Today is the last day to file protective Form 843 claims under the Kwong COVID relief case for many taxpayers.
We’re cautiously optimistic the IRS will ultimately recognize broader relief, and we’ll keep you updated as new guidance is released.
LUI BUSINESS SERVICE dba Sea-Siders Financials

07/02/2026

KWONG RELIEF:
Our firm is offering Kwong protective claims on a contingency basis: we only charge a fee if the IRS approves penalty relief and you actually receive a refund or abatement.
Because the filing deadline is approaching (July10th), we may follow up more than once to make sure eligible clients are aware of this opportunity, but this is not meant to pressure or harass anyone.
If you prefer not to pursue Kwong relief, that is completely your choice and we will respect it.
To be absolutely clear: if your penalties are not removed under Kwong, you do not pay a fee for this service
Lui Business Service

06/26/2026

KWONG RELIEF / LUI BUSINESS SERVICE:
We’ve gotten a lot of questions about KWONG relief, especially for YOU who filed with us for tax years 2019–2022.
QUICK OVERVIEW:
1. Contact us if you had IRS PENALTIES OR INTEREST in those years.
2. We’ll need a Power of Attorney so we can review your IRS transcripts and see if you are eligible for this relief.
3. A "protective claim" must be filed by July 10 to keep your potential refund rights open.
4. Our fee is success-based and will be discussed with you in advance; the % depends on the complexity of your situation. If nothing is removed, you pay nothing.
Imagine if the IRS approves this relief: you could receive a refund or see your tax debts reduced. Since this opportunity is contingency-based, if you do NOTHING, you get NOTHING

06/17/2026

KWONG RELIEF:
The reason many tax professionals are recommending a protective claim by July 10, 2026 for potential Kwong relief is to preserve a taxpayer's right to a refund before the statute of limitations expires.
Under the interpretation of the court's decision in the historical event Kwong v. Commissioner, certain filing and payment deadlines may have been postponed from January 20, 2020, through July 10, 2023. If that interpretation applies, some taxpayers may be entitled to refunds of:
Failure-to-file penalties
Failure-to-pay penalties
Interest associated with those penalties
Certain estimated tax penalties
The concern is the refund statute under IRC §6511. Generally, a claim for refund must be filed within:
3 years from the date the return was filed, or
2 years from the date the tax was paid,
whichever is later.
Many payments, offsets, and penalty assessments connected to the postponed period could become barred after July 10, 2026, depending on how the postponement period is ultimately applied. Filing a protective claim before that date establishes the taxpayer's claim while the legal and administrative issues continue to develop

06/16/2026

Kwong Relief--Lui Business Service/Sea-siders Financials Tax Clients:
Temau kamata ngaue 'i Sune 20th kihe Kwong Relief kihe tax 'oe 2019 kihe 2022 (Corvid years)--kia nautolu ne faile 'enau tax 'ia mautolu he ngaahi ta'u ko eni?
Koe ni'ihi eni 'e 'aonga kiai e polokalama ni:
1. Tautea he faile tomui pe 'ikai ma'u e refund koe faile tomui
2. Tautea koe totongi tomui e tax Pé ta’e totongi e tax
3. Tautea koe 'ikai ke totongi ha estimated taxes
4. Interest 'oku a'u kihe 25% 'oe mo'ua tax.
Koe Kwong relief tene fakaloloa e deadline ke faile e tax ki 'u ta'u koia ki July 10, 2023:
* Tokoni lahi eni kihe ni'ihi mo'ua 'enau tax he 'u ta'u ko eni.
* Kapau na’e totongi ho mo'ua tax, ‘e lava refund mai ho'o $ kihe vaha’a taimi a’u ki July 10, 2023!
* To’o e penalty moe interest.
Koe ngaue ko eni, 'oku fiema'u ke fakahu ange e request/form kihe IRS 'i July 10, 2026.
'E toki fetu'utaki atu hono fakaikiiki!

Address

Orem, UT
84058

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm

Telephone

+19258121446

Website

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