WASHINGTON ― With hurricane season underway, the Internal Revenue Service is reminding taxpayers that criminals and scammers often try to take advantage of the generosity of taxpayers who want to help victims of major disasters. Hurricane season runs June 1 to Nov. 30, and taxpayers need to be vigilant of... read more →
Jun
07
May
07
WASHINGTON — The IRS reminds taxpayers who may be impacted by hurricanes and other natural disasters that now is a good time to begin preparing for one. National Hurricane Preparedness Week runs from May 6-12. The IRS also wants taxpayers to know that the agency is here to help, including... read more →
Apr
27
Issue Number: IR-2018-103 WASHINGTON – The Internal Revenue Service today warned of a new twist on an old phone scam as criminals use telephone numbers that mimic IRS Taxpayer Assistance Centers (TACs) to trick taxpayers into paying non-existent tax bills. The IRS and its Security Summit partners – the state tax... read more →
Jan
15
Q: Why are these changes being made? A: The new withholding tables are needed to reflect the changes in tax rates and tax brackets, increased standard deduction and repeal of personal exemptions that were included in the new tax reform law signed in December. The withholding guidance issued today is... read more →
Jan
04
WASHINGTON ― The Internal Revenue Service announced today that the nation’s tax season will begin Monday, Jan. 29, 2018 and reminded taxpayers claiming certain tax credits that refunds won’t be available before late February. The IRS will begin accepting tax returns on Jan. 29, with nearly 155 million individual tax... read more →
Dec
12
WASHINGTON – As tax filing season approaches, the Internal Revenue Service reminds taxpayers there are things they should do now to get ready for filing season. For most taxpayers, Dec. 31 is the last day to take actions that will impact their 2017 tax returns. For example, charitable contributions are... read more →
Sep
07
To our Business Family: What a week it was dealing with Hurricane Harvey! We hope that this e-mail finds you safe and dry – although for some, I know it will not. Baity & Assoc. had a few leaks from the roof areas, but all client and work... read more →
Aug
10
This year’s Sales Tax Holiday is Aug. 11 - 13. As in previous years, the law exempts most clothing, footwear, school supplies and backpacks priced less than $100 from sales and use taxes, which could save shoppers about $8 on every $100 they spend. Subject to the criteria explained below,... read more →
Jul
27
IRS YouTube Video: IRS Withholding Calculator: English | Spanish WASHINGTON — The Internal Revenue Service today encouraged taxpayers to consider checking their tax withholding, keeping in mind several factors that could affect potential refunds or taxes they may owe in 2018. Reviewing the amount of taxes withheld can help taxpayers... read more →
Jul
18
FOR IMMEDIATE RELEASE The Office of Inspector General would like to alert everyone to fraudulent automated calls being made to citizens in Texas and elsewhere by individuals posing as being with the Texas Department of Criminal Justice Inspector General’s Office. The caller states “your Social Security number has been flagged... read more →
