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Apr 27
Jan 15

IRS Withholding Tables Frequently Asked Questions

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
Dec 12

Get Ready for Taxes: What to Do Before the Tax Year Ends Dec. 31

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

Disaster Relief Tax Information

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

Sales Tax Holiday/Aug. 11 – 13, 2017

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
Jul 18

Fraudulent Automated Calls Being Made to Citizens in Texas

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 →
Apr 28

Arrests Made in IRS Phone Scam

On April 8, 2017, police in Mumbai India arrested 24-year-old Sagar 'Shaggy' Thakker, who is alleged to be the mastermind behind Mumbai call centers that scammed millions from U.S. taxpayers. Thakker was extradited from Dubai where he was reported to have fled after his call centers were raided by police... read more →
Feb 27