Bailey Accounting & Tax Services

Bailey Accounting & Tax Services Bailey Accounting & Tax Services is a reliable accounting firm specializing in income tax and small business accounting. The county of Cabarrus. Bailey, Sr. Mrs.

Bailey Accounting & Tax Service is a small accounting firm located in Kannapolis N.C. The firm has been in operation for over 10 years providing tax return preparation and small business accounting and consulting. It is owned by Wilfred W. and his wife Sharon LaPrade Bailey. Services
• Personal & Small Business Taxes
• Certified QuickBooks On-Line Pro Advisor
• A Notary Public
• Small Business Acc

ounting
• Personal Budgeting
• On-site & Off-site Services

The company is a “firm of the future” in the fact that they provide all accounting services using online accounting software. All files are cloud based. Thus, physical location is no problem. Both accounting firm and client has access to the same files no matter of physical location if there is an internet connection. Owners Bio
Wilfred W. Bailey, Sr. - Retired from Wells Fargo in Charlotte, NC in 2007 as an IT Project Financial Consultant after 32 years of financial experience. Since retiring, he has managed his accounting and tax service while returning to Wells Fargo as a Project Financial Manager, consulting on major IT projects. Bailey graduated from Appalachian State University with a major in accounting. He also holds an MBA from Winthrop University. He is a Certified QuickBooks Online Pro Advisor and a Notary Public. Sharon LaPrade Bailey, CPA - Is a Staff Accountant for the Charlotte Regional Visitors Authority. She provides the birds eye view of the accounting firm and is a Certified Public Accountant in the State of North Carolina. Bailey graduated from Winthrop University with a major in accounting. She also holds an MBA from Winthrop University.

07/10/2023

A WISE MAN ONCE SAID

1. Don’t call someone more than twice continuously. If they don’t pick up your call, presume they have something important to attend to;

2. Return money that you have borrowed even before the person that borrowed you remember or ask for it. It shows your integrity and character. Same goes with umbrellas, pens and lunch boxes.

3. Never order the expensive dish on the menu when someone is giving you a lunch/dinner.

4. Don’t ask awkward questions like ‘Oh so you aren’t married yet?’ Or ‘Don’t you have kids’ or ‘Why didn’t you buy a house?’ Or why don't you buy a car? For God’s sake it isn’t your problem;

5. Always open the door for the person coming behind you. It doesn’t matter if it is a guy or a girl, senior or junior. You don’t grow small by treating someone well in public;

6. If you take a taxi with a friend and he/she pays now, try paying next time;

7. Respect different shades of opinions. Remember what's 6 to you will appear 9 to someone facing you. Besides, second opinion is good for an alternative;

8. Never interrupt people talking. Allow them to pour it out. As they say, hear them all and filter them all;

9. If you tease someone, and they don’t seem to enjoy it, stop it and never do it again. It encourages one to do more and it shows how appreciative you're;

10. Say “thank you” when someone is helping you.

11. Praise publicly. Criticize privately;

12. There’s almost never a reason to comment on someone’s weight. Just say, “You look fantastic.” If they want to talk about losing weight, they will;

13. When someone shows you a photo on their phone, don’t swipe left or right. You never know what’s next;

14. If a colleague tells you they have a doctors' appointment, don’t ask what it’s for, just say "I hope you’re okay". Don’t put them in the uncomfortable position of having to tell you their personal illness. If they want you to know, they'll do so without your inquisitiveness;

15. Treat the cleaner with the same respect as the CEO. Nobody is impressed at how rude you can treat someone below you but people will notice if you treat them with respect;

16. If a person is speaking directly to you, staring at your phone is rude;

17. Never give advice until you’re asked;

18. When meeting someone after a long time, unless they want to talk about it, don’t ask them their age and salary;

19. Mind your business unless anything involves you directly - just stay out of it;

20. Remove your sunglasses if you are talking to anyone in the street. It is a sign of respect. Moreso, eye contact is as important as your speech; and

21. Never talk about your riches in the midst of the poor. Similarly, don't talk about your children in the midst of the barren.

Auther Unknown

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03/19/2020

Payment Deadline Extended to July 15, 2020

March 18, 2020

The Treasury Department and the Internal Revenue Service are providing special payment relief to individuals and businesses in response to the COVID-19 Outbreak. The filing deadline for tax returns remains April 15, 2020. The IRS urges taxpayers who are owed a refund to file as quickly as possible. For those who can't file by the April 15, 2020 deadline, the IRS reminds individual taxpayers that everyone is eligible to request a six-month extension to file their return.

This payment relief includes:
Individuals: Income tax payment deadlines for individual returns, with a due date of April 15, 2020, are being automatically extended until July 15, 2020, for up to $1 million of their 2019 tax due. This payment relief applies to all individual returns, including self-employed individuals, and all entities other than C-Corporations, such as trusts or estates. IRS will automatically provide this relief to taxpayers. Taxpayers do not need to file any additional forms or call the IRS to qualify for this relief.

02/27/2020

#2. Common errors taxppayers should avoid

MISSPELLED NAMES. Like inaccurate Social Security numbers, a name listed on a tax return should match the name on that person's Social Security card.

02/20/2020

2020 Tax Filing Tips

Over the next few days I will: Address Common Errors Taxpayers should avoid.

Filing a tax return electronically reduces errors because the tax software does the math, flags common errors and prompts taxpayers of missing information.

Using a reputable tax preparer – including certified public accountants, enrolled agents or other knowledgeable tax professionals – can also help avoid errors. Mistakes can result in processing delay, which can mean it takes more time to get a refund.

Here are some common errors to avoid when preparing a tax return:
1. Missing or inaccurate Social Security numbers. Each SSN on a tax return should appear exactly as printed on the Social Security card.

Want to get the largest return possible? Don't miss out on any of YOUR money when you file! Contact us to ensure you get...
02/13/2020

Want to get the largest return possible? Don't miss out on any of YOUR money when you file! Contact us to ensure you get every possible dollar back.

Contact us today to schedule an appointment.

704-737-8431
[email protected]

Address

Kannapolis, NC
28081

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+17047378431

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