Top Tax Myths

And their hidden costs to your organization

Processing K-1s is challenging enough, especially at high volumes. False assumptions regarding the IRS, accounting firms, portals, lack of transparency, and finger pointing make a tough job even harder.

Read about the top tax myths and their hidden costs.

About the Author

Geralyn Hurd is a CPA and President/Co-founder of K-1x, Inc. She has spent her career in tax accounting and tax transformation and has a strong conviction to solve the world’s K-1 problem. Geralyn holds two patents with more pending for innovation in applying AI, automation, and digitization of K-1 processes.

Proven Results

K1x is trusted by more than 8000 organizations, with clients including:

44
OF THE TOP 100
largest investors in the country

15
OF THE TOP 25
accounting firms

51
OF THE TOP 100
non profits

36
OF THE TOP 100
university endowments

8
OF THE TOP 40
health systems

11
OF THE TOP 100
private foundations & family offices

SECONDS OF DATA EXTRACTION PER K-1

STATE & FEDERAL TAX JURISDICTIONS

TAX FORMS