Kingson Financial Solutions

FYI for future reference:

📬 If you got one of these IRS letters — relax.

First things first: this does NOT mean your tax preparer did anything wrong.
The IRS sends these letters out automatically every year, especially for returns with kids, Head of Household, or credits.

The letter can sound like somebody messed up — but that’s just IRS language.
It’s not an audit, not a bill, and not an accusation.

✅ If everything on your return is correct → you don’t need to do anything
⚠️ If something needs fixing → handling it early avoids bigger problems later👉💥 ( you have 30 days to send in requested info for review)

👉 If you’re a client and received this letter, send it to us. We’ll review it with you and make sure everything is solid.

Bottom line:
This letter doesn’t mean your preparer messed up.
It just means the IRS wants you to double-check before they start double-checking.

PSA CLAIMING DEPENDENTS THAT 👉LIVES WITH YOU:

👉🗣 PARENTS: Please don't be misled about rumors of child support making mothers ineligible to claim their child that lives with them!👇

Facts: There is a special rule to CTC/ACTC that is not widely used or talked about: If a person provides more than half of the financial support of a CHILD (under 17) even if the child did NOT live with the individual, they can qualify for Child Tax Credit for the dependent. What makes it special: ONLY BIOLOGICAL PARENTS or LEGALLY DIVORCED can use the form.

How it works:👇
CUSTODIAL parent (who the child lives with) must agree to not claim the credits (CTC/ACTC and/or EDUCATION) for that tax year. The form must be signed and attached to your tax return. 👇💥💥💥

ABSENT parent (who provides financial support for child) files the form once it's signed by the custodial parent and agrees not to use the child for EIC, HoH, or Childcare(Daycare). **ABSENT MEANS NOT PRESENT IN THE HOME THE CHILD RESIDES **

**This can be done in the same tax year and both parents receive credits! This form is also used to REVOKE the ABSENT parent by the CUSTODIAL parent to continue to use the form in future years.

I hope this helps and STOPS all the rumors! This form has been around... the President didn't set this rule into effect... THE IRS DID! 💯 #

🚨 ATTENTION TAX CLIENTS 🚨
When reviewing your tax documents, it is extremely important that you read and understand each document before signing. Never hesitate to ask questions if there is something you do not understand this is your right as a taxpayer. When going over your paperwork, you may notice a section that looks like bank account information. Please understand that this is NOT your tax professional’s personal or business bank account. If you look closely, you may notice your Social Security number listed in the account number field. This is not a bank account at all, but a verif**ation number used by the third-party bank that our tax software works with. This bank is responsible for issuing your refund, deducting any agreed-upon preparation fees, and paying your tax professional their preparer fee. Your tax professional is not taking money directly from you. Everything is handled securely through the third-party bank once the IRS releases your refund. Your account information will be listed on your REFUND ADVANCE LOAN APPLICATION AND LOAN AGREEMENT page. If you ever feel confused or uncomfortable, speak up immediately. And if you truly feel you cannot trust the person preparing your return, you should consider filing with someone you can trust. Thank you, on behalf of all tax professionals, for taking the time to understand your tax documents.

Example:👇👇👇👇👇👇

True story don't let ppl hype u up the only way your numbers will be higher if self-employed if you paid in quarterly remember that 15.3% f**a must be paid or you attend college and u qualify for school refundable credit... yes there are ways to get around the 15.3% F**a but it is totally illegal and AI is here and trust me in the future IRS will Crack down more on fraudulent taxes...self employment income is taxed very differently than w2's income and that big beautiful bill that trump passed is in FULL EFFECT! DONT BE FOOLED BY HYPED NUMBERS IF YOU ONLY HAVE SELF EMPLOYMENT INCOME. NOTE: IF YOU DONOT HAVE DEPENDENTS TO CARRY 👉👉👉👉YOU WILL DEFINITELY OWE💥

PSA: DO U HAVE STUDENT LOANS??????👇👇👇👇👇👇👇👇DEFERMENT WILL BE YOUR BEST FRIEND THIS TAX SEASON 2026 .....DONOT RISK YOUR REFUND BEING APPLIED TO YOUR BALANCE OWED!👉👉💥 NOTE: YOU CAN GET A REFUND DATE AND IT STILL👉 CAN BE INTERCEPTED AND APPLIED TO YOUR STUDENT LOANS!!! PLAN AHEAD AND GET THEM IN DEFERMENT NOW💥