Kingdom Financial

Kingdom Financial Kingdom Financial is here to offer solutions in every area of your financial life!

Purpose Driven Financial Coaching

"We help you and your family create a holistic financial strategy that is built on your unique purpose and personal values." Kingdom Financial is a full-service financial company, offering coaching in every area of your financial life. We strive to develop close relationships with our clients in order to give individual solutions based on your best interests and unique situations.

Is your business paying for insurance coverage you don’t need — or missing protection where risk may be significant? You...
06/02/2026

Is your business paying for insurance coverage you don’t need — or missing protection where risk may be significant?

You may have many options to choose from, depending on your organization’s operations and risks.

General liability is the most basic policy, and it’s often paired with product liability, professional liability and property coverage.

Other products include employment practices liability, business interruption, key person and cyberinsurance policies.

Work with an independent broker to learn more about each type.

We can help you evaluate potential coverage gaps and manage business risk cost-effectively.

Call us at 618-594-1192 if you have any questions!

It’s almost never too late (unless you’re dead) to start planning for retirement. Whether you already have large 401(k) ...
06/01/2026

It’s almost never too late (unless you’re dead) to start planning for retirement.

Whether you already have large 401(k) or IRA balances or are starting from scratch, we can help craft a strategy that reflects your personal situation and addresses your goals.

So start thinking about what’s important to you:

Building a big nest egg, reducing income tax liability, something else …

We’re here to help make it possible!

Schedule a FREE consultation TODAY https://lnkd.in/eUc4TK9P

Does your business own commercial real property? A closer look at your building costs could change how quickly you can d...
05/28/2026

Does your business own commercial real property?

A closer look at your building costs could change how quickly you can deduct those expenses.

Business buildings generally have a 39-year depreciation period.

A cost segregation study (referred to as a “Cost Seg” in the biz LOL) separates various building components, such as electrical systems and flooring.

It then allows these components to be reclassified and deducted over a much shorter period, thereby deferring taxes and boosting cash flow.

Recent tax law changes enhanced these benefits by increasing first-year depreciation write-offs.

We can determine reasonable cost allocations to help withstand IRS scrutiny.

Call us at 618-594-1192 to discuss whether this strategy is right for your business.

No two taxpayers are exactly alike — so your tax strategies shouldn’t be either. Our firm provides customized tax planni...
05/27/2026

No two taxpayers are exactly alike — so your tax strategies shouldn’t be either.

Our firm provides customized tax planning for individuals and businesses.

We can identify opportunities to reduce taxes in your specific situation while helping you stay compliant with changing tax laws.

Call us at 618-594-1192 to get started.

Some small business owners assume that offering their employees a retirement plan is cost prohibitive. But two plans are...
05/26/2026

Some small business owners assume that offering their employees a retirement plan is cost prohibitive.

But two plans are particularly suited to employers with fewer than 100 workers: SEP and SIMPLE IRAs.

Only employers can make contributions to SEP IRAs — which provide high contribution limits — but you aren’t required to fund accounts when cash-flow constraints make it difficult.

SIMPLE IRAs allow both employers and participants to make higher annual contributions than participants could with self-owned IRAs.

Plus, your business’s contributions are tax-deductible.

Call us at 618-594-1192 to review your budget and benefit needs and suggest an appropriate plan.

Fringe benefits offer multiple business advantages. They can boost morale, attract and retain top talent, and qualify fo...
05/25/2026

Fringe benefits offer multiple business advantages.

They can boost morale, attract and retain top talent, and qualify for potential tax breaks.

That’s why it’s smart to review which ones you sponsor and what you may be missing.

Of course, you don’t want to spend time and resources sponsoring benefits your employees don’t value.

And you must follow specific rules and documentation requirements to be eligible for tax-advantaged treatment.

Contact us at 618-594-1192 for help choosing the right fringe benefits for your business and managing the tax impact.

Do you dream of retiring early? As in, really early? So do adherents of FIRE (Financial Independence, Retire Early). Man...
05/20/2026

Do you dream of retiring early?

As in, really early?

So do adherents of FIRE (Financial Independence, Retire Early).

Many FIRE followers aim to retire in their 40s or even 30s!

They make it happen by saving at least 50% of their current income, which some maximize by working second jobs.

Obviously, this requires discipline and planning.

But if early retirement is a priority, call us (618) 594-1192 so we can help you make it happen.

Joint ventures and other strategic alliances can help your business expand its market reach, achieve operational synergi...
05/19/2026

Joint ventures and other strategic alliances can help your business expand its market reach, achieve operational synergies and improve profitability.

A well-structured arrangement may also give your business the chance to “audition” for a future merger.

Keys to a successful alliance are thoroughly vetting your partner, putting a strong agreement in place and focusing on financial objectives.

Regularly evaluate the relationship and, if it becomes a drain on resources, revise or end it.

However, if it’s mutually beneficial, consider a permanent merger.

Call us at 618-594-1192 to help ensure any alliance supports your long-term business goals.

Beginning in 2026, a new 0.5% “floor” applies to charitable deductions for taxpayers who itemize. This generally means t...
05/18/2026

Beginning in 2026, a new 0.5% “floor” applies to charitable deductions for taxpayers who itemize.

This generally means that only qualified charitable contributions that, in aggregate, exceed 0.5% of your adjusted gross income will be deductible if you itemize deductions.

But a charitable deduction for cash donations is now available to non itemizers.

We can help you develop a tax-smart charitable giving strategy for 2026.

Contact us at 618-594-1192.

LLC and LLP owners: Can you deduct your business losses this year? The answer may depend on whether your activity is con...
05/14/2026

LLC and LLP owners:

Can you deduct your business losses this year?

The answer may depend on whether your activity is considered passive according to the IRS’s passive activity loss rules.

Under these rules, you generally can use passive losses only to offset income from other passive activities.

If you meet certain “material participation” criteria, however, you may be able to offset LLC or LLP losses against nonpassive income, such as wages, interest, dividends and capital gains — but the rules can be complex, especially for limited partners.

Call us at 618-594-1192 for guidance on tracking your participation hours, applying the material participation test and maximizing business loss deductions.

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Carlyle, IL

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

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