Timothy A. King, CPA, MAS

Timothy A. King, CPA, MAS

Principal
Timothy.King@tko.cpa
Phone: 224.359.0350
Fax: 224.359.0351

Tim is a Principal with over 12 years of income tax compliance and consulting experience. He specializes in individual and pass-through entity taxation with experience in the real estate and private equity investment industries, including family-owned and operated business enterprises, privately-owned pass-through entities, real estate investment trusts, and international ventures. He has been involved with multifarious tax issues among various filings, including: partnership, S-Corporation, C-Corporation, trust, estate, and individual tax returns. Prior to joining Tighe Kress & Orr, Tim was a Manager in the tax practice at True Partners Consulting, LLC and a Senior Associate in the tax practice at KPMG, LLP.

Tim’s accomplishments include planning and structuring entities to maximize tax savings, as well as working directly with his clients and their financial advisors to collaborate on tax-favorable life and retirement planning. He helped secure refunds in excess of $250,000 for one of his clients by identifying a unitary filing position among a parent and subsidiary corporations and amending three years of state tax returns. He has also worked on behalf of his clients in several “No Change” IRS and state audits and has acted as a liaison between his clients and taxing jurisdictions where he has been successful on several occasions at reducing or eliminating penalties.

Open communication with clients and prompt responses to inquiries are the core services Tim strives to provide. He listens to his clients to really find out their needs, and then breaks down each issue individually to ensure his clients fully understand. Whether it’s structuring a business, preparing for a sale, or planning for retirement, Tim works with his clients to maximize tax savings while providing outstanding customer service.

Tim received his Bachelor of Science in Accountancy and Master of Science in Accountancy degrees from Northern Illinois University. He is a Certified Public Accountant and is a member of the American Institute of Certified Public Accountants and the Illinois CPA Society.

Outside of work, Tim officiates high school football and serves as the treasurer for Inter-Athletic Council of Officials (IACO), which strives to improve and develop high school sports officiating in Illinois. At his current church, Tim serves as the Vice Chair of the Board of Administration, teaches Sunday school, and sings in the choir. At his former church, Tim served as treasurer and led a committee in charge of financial oversight of all functions of the church, working together with the bookkeeper in setting budgets, handled day-to-day financial issues, and assisted whenever was needed with any business-related matter. He also enjoys playing golf and spending time with his wife Candy and daughters Madyson, Emily and Abigail.