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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 →
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