LifeTax Financial Services

About LifeTax Financial Services

LifeTax Financial Services is a boutique tax and accounting office in Dallas, Texas, led by owner Alfred Record II, an Enrolled Agent who entered the profession through a part-time tax practice. The firm says it works with more than three hundred clients and that half of them are small business owners. Alongside personal and business tax preparation it offers bookkeeping, accounting and fractional CFO services, plus help with back taxes and amended returns reaching back to 2011. Entrepreneurs and non-profit founders can use its business formation service, which covers entity selection among LLC, LLP, partnership and sole proprietorship structures, state registration and 501(c)(3) filings with the IRS. The team includes two CPAs, and the firm also sells life insurance and annuities. The website is in English and lists no prices.

Services

Tax preparation covers individuals, sole proprietors, partnerships, LLCs, S and C corporations and non-profits, including prior-year returns and amendments. Accounting and bookkeeping can replace a client's back office, with payroll support and fractional CFO work. Business and non-profit formation includes choosing the entity, state registration and IRS 501(c)(3) applications. Business tax strategy sessions and life insurance planning complete the offer.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✕ VAT: not listed
• ✓ Payroll: offered
• ✕ Audit: not listed
• ✕ Bank account assistance: not listed
• ✕ Residency and visas: not listed
• ✕ Corporate secretarial: not listed
• ✕ Virtual office: not listed

Licences and registrations

• IRS Enrolled Agent (owner)
• Texas CPAs on the team

As declared by the firm. Check a licence with the regulator before you rely on it.