Home - LK Tax

Based in new jersey. Operating nationwide.

Don't let taxes control your life. LK Tax helps you take back control.

Individual & Business Tax Returns
International Tax & Foreign Asset Reporting
IRS Notices, Amended Returns & Tax Resolution
Tax Planning & Year Round Guidance

At LK Tax LLC, you work directly with Lamiya Khokhawala, an Enrolled Agent (licensed by the US department of the Treasury) who personally handles your tax needs from start to finish.

Whether you need help filing an individual or business return, reporting foreign accounts and investments, responding to an IRS notice, or planning ahead, LK Tax provides accurate, confidential, and personalized guidance every step of the way.

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Lamiya Khokhawala: Tax Professional

Why You Should Work Directly With Lamiya

How can LK Tax help you?

My name is Lamiya Khokhawala. I started LK Tax to provide individuals, families, business owners, and investors with tax guidance that feels personal, clear, and dependable. When you work with LK Tax, you work directly with me. I personally take the time to understand your situation, answer your questions, and handle your tax needs from start to finish.

As an an Enrolled Agent licensed by the US department of the Treasury and authorized IRS e-file provider, I assist clients with individual and business tax returns, international tax reporting, foreign assets and investments, tax planning, amended returns, and IRS notices. My goal is to make complex tax matters easier to understand while helping you file accurately, remain compliant, and take advantage of the tax benefits available to you.

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some questions answered to help you on the spot

New Jersey Tax Help You Can Count On.

Tax problems can become overwhelming quickly. Whether you received a notice, owe back taxes, missed a filing deadline, or simply need help understanding your options, you will work directly with me from the first conversation through the final resolution.

I personally take the time to understand your situation, explain what needs to happen, prepare the necessary response, and guide you toward getting back on track.

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What types of tax returns do you prepare?

I prepare individual tax returns, partnership returns, S corporation returns, and C corporation returns. I also assist with amended returns, multi-state filings, and specialized investment reporting.

Do you work with clients who have foreign bank accounts or investments?

Yes. I help clients report foreign bank accounts, financial assets, mutual funds, pensions, investment income, gifts, inheritances, and other overseas holdings. This may include FBAR, Form 8938, Form 8621, and related international tax filings.

Can you help me if I received a notice from the IRS or the state?

Yes. I can review the notice, explain what it means, help prepare a response, and represent you when appropriate. It is important to address tax notices promptly, even when you believe the notice may be incorrect.

Can you help me file past-due tax returns?

Yes. I assist clients who need to catch up on unfiled or overdue returns. I will help organize the required information and work with you to bring your filings back into compliance.

Do you prepare amended tax returns?

Yes. I can prepare Form 1040-X and other amended returns when income, deductions, credits, or other information was reported incorrectly or left off a previously filed return.

Can you help me choose the right structure for my business?

Yes. I provide tax guidance for sole proprietors, LLCs, partnerships, S corporations, and C corporations. I can explain the tax considerations of each structure, though legal formation questions may also require an attorney.

Do you offer tax planning?

Yes. Tax planning is available for individuals, families, investors, and business owners. This can include estimated tax payments, withholding, retirement contributions, business expenses, investments, and year-end planning.

Services of LK Tax

Simple tax support from someone who understands your situation

LK Tax provides one-on-one tax services for individuals and small businesses across New Jersey. Whether you need help filing correctly, catching up on taxes, or responding to a notice, you work directly with a small business that understands how stressful taxes can feel.

Individual Tax Returns

Accurate preparation of Form 1040 federal and New Jersey tax returns, with personalized guidance throughout the entire filing process.

Partnership Tax Returns

Professional preparation of Form 1065 for partnerships and multi-member LLCs, including partner reporting and compliance support.

S–Corporation Tax Returns

Preparation of Form 1120-S for S corporations, with help addressing shareholder income, deductions, estimated taxes, and filing requirements.

C–Corporation Tax Returns

Preparation of Form 1120 for corporations, including income reporting, deductions, estimated tax considerations, and federal and state compliance.

IRS Notices, Amended Returns, and Tax Resolution

Direct help reviewing tax notices, correcting prior returns, catching up on missed filings, and responding to IRS or state tax issues.

International Tax Reporting

Support with FBAR, Form 8938, Form 8621, foreign income, overseas accounts, and international investments.

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Who LK Tax Serves

Professional Tax help for New Jersey residents from all walks of life

Individuals

You want peace of mind, your return prepared accurately and your questions explained clearly!

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International Taxpayers

For foreign accounts, overseas assets, foreign income, investments, pensions, and international reporting.

Small Business Owners

For partnerships, S-corporations, C-corporations, estimated taxes, and business planning.

Growing Families

You are balancing work, kids, bills, and financial responsibilities, and you want your taxes handled clearly without adding more stress to your plate.

People About To Retire

You want your tax situation organized now so you can make smarter decisions and feel more prepared for the years ahead. You're in safe hands.

Do Not Let Tax Stress Build Up

You deserve clear answers, personal guidance, and a simple plan to help you understand your options and take the next step with confidence.

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Getting Started Is Easy!

LK Tax uses a professional tax preparation software designed for tax professionals. Its secure online client portal allows you to provide information, upload tax documents, review requests, and exchange files without relying on regular email for sensitive financial information.

Step 1: Schedule a Consultation

You can do this by clicking "schedule" in the menu bar. Or, if you're on mobile, you can click the button below to schedule a consultation.

Schedule

Step 2: Access Your Secure Portal

You will receive access to the your client portal, where you can securely answer questions and upload documents such as W-2s, 1099s, business records, investment statements, and foreign account information.

Step 3: Lamiya Prepares Your Return

Lamiya personally reviews your documents, follows up with you when additional information is needed, and prepares your return. Your work is not passed to another staff member.

Step 4: Review, Sign, and File

Lamiya explains the results, answers your questions, and gives you an opportunity to review the return. Once everything is approved and the required forms are signed, your return is electronically filed.

Quick Help for Common Tax Situations

Got any tax questions that you need answered right away? We've compiled a list of commonly asked questions below.

I Received an IRS or State Tax Notice. What Should I Do?

Do not ignore it. Read the notice carefully, confirm which tax year and issue it addresses, and note the response deadline. Keep the notice and any related records together. You may not need to respond unless the notice asks you to, but when action is required, it should be handled by the stated deadline. LK Tax can review the notice, explain what it means, and help prepare the appropriate response.

I Have Not Filed Taxes in Several Years. Where Do I Start?

Start by identifying which returns are missing and gathering the available income documents, business records, and prior tax information for each year. Past-due returns can still be filed, and catching up may help reduce the risk of additional penalties or enforcement action. LK Tax can help determine what needs to be filed and prepare the overdue returns in the proper order.

I Own Foreign Bank Accounts or Investments. Do I Need to Report Them?

Possibly. A U.S. person generally must file an FBAR when the combined value of reportable foreign financial accounts exceeds $10,000 at any time during the calendar year. Form 8938 may also be required when specified foreign financial assets exceed the applicable threshold. Foreign mutual funds and similar investments may require Form 8621 under the PFIC rules. These forms have different requirements, so each account and investment should be reviewed individually.

I Started a Business. What Tax Steps Should I Take?

Your filing responsibilities depend on whether the business is operated as a sole proprietorship, partnership, S corporation, C corporation, or another structure. You may need an EIN, bookkeeping records, estimated tax payments, payroll filings, and separate federal or state returns. Self-employed individuals generally file an annual return and may need to make quarterly estimated tax payments. LK Tax can help you understand the requirements that apply to your business.

I Made a Mistake on a Previous Tax Return. Can It Be Corrected?

Yes. An individual return can generally be corrected by filing Form 1040-X. An amendment may be needed when income, deductions, credits, dependents, or filing information were reported incorrectly or left out. A separate amended return is required for each tax year being corrected. LK Tax can review the original return and determine whether an amendment is appropriate.

I Sold Stocks, Property, or Other Investments. Will I Owe Taxes?

It depends on what you sold, how long you owned it, and the difference between the sale price and your adjusted tax basis. Selling an investment for more than its adjusted basis generally creates a capital gain, while selling it for less may create a capital loss. Special rules may apply to a primary residence, inherited property, business property, cryptocurrency, and foreign investments.