Baker's Tax and Accounting Services, Inc.

Baker's Tax and Accounting Services, Inc. BAKER'S TAX AND ACCOUNTING SERVICES, INC. Baker's Tax and Accounting Services, Inc. Although taxes are our specialty, our services dont end there.

is a full service, year round office providing tax, accounting and payroll services. We can help you bring your entire financial structure into focus. Our commitment to you extends beyond April 15. BTAS has been in existence since 1983. We have spent the entire time in Southeast, Washington, DC and still proud to call Southeast DC home!

02/16/2026

There’s really no sense in waiting to get your taxes done. Even if you think you owe, you can begin to plan how you’re going to pay the tax before April 15th or even enter into an installment agreement, but waiting to file is not going to change your circumstance. On another note, I am actually seeing people walk away happier this year when filing their taxes because the tax laws have changed and dare I say, for the better for individuals. If you need help filing your taxes, contact our office today. Our schedule for this season is already filling fast!

02/13/2026

Hey family 👋🏾
If you bought a vehicle in 2025, you may qualify for the new car loan interest deduction — up to $10,000 per year.
Yes. Interest. On your car loan.
Here’s what you need to know:
This is a below-the-line deduction
You can claim it even if you take the standard deduction
It reduces your taxable income
Income limits may apply
Only interest payments qualify — not the full car payment
If you financed a vehicle this year, this is something you absolutely need to bring up during your tax appointment.
Refunds are expected to be larger for many taxpayers in 2025 — but only if you know what applies to you.
Make sure you:
✔️ Bring your Form 1098 (if issued)
✔️ Or your annual interest statement from your lender
✔️ Confirm your purchase date
And remember, as I always say — education is the real refund.

02/12/2026

Hey family 👋🏾
For six years, the $10,000 SALT cap has hurt homeowners in high-tax states like DC, Maryland, Virginia, California, and New York.
Now for 2025, the SALT deduction cap has increased to $40,000.
That means if you’ve been paying $20,000, $25,000, even $30,000 in state and property taxes — you may finally get the deduction you deserve.
In this video I break down:
What the SALT deduction is
Who qualifies
How the $40,000 cap works
Why some homeowners who owed for years may now see relief
What you need to prepare for your tax appointment
If you are a homeowner in a high-cost area, this is not a small change. This could significantly impact your 2025 return.
💻 Schedule your tax appointment early.
📲 Visit the website for full 2025 tax law updates.
And remember, as I always say — education is the real refund.

02/12/2026

Worked overtime in 2025 and still felt like your refund didn’t move? 👀

The new overtime tax adjustment is real — but it is NOT automatic.

If your overtime isn’t calculated correctly, you could miss the benefit.

Make sure your tax preparer has:
✔️ W-2
✔️ Final paystub
✔️ Overtime breakdown from payroll

Don’t leave money on the table.

Subscribe for real tax education. Link in Bio
Because guessing is expensive.

And remember, education is the real refund.

DID YOU WORK OVERTIME IN 2025?





01/26/2026

Hey family, what’s new? 💚

Tax Day 2026 has arrived and Baker’s Tax & Accounting Service is open and ready to serve. Now’s the time to book your appointment, gather your documents, and get on the schedule. Availability is limited this year and spots go quickly — as usual. All booking and contact info is in the bio.
We can’t wait to work with you again this season
Secure your spot early. We look forward to working with you.

TaxProfessional BookNow TaxPlanning FileYourTaxes TrustedTaxPro

Earned Income Tax Credit Eligibility - Did You Know?Millions of Americans may qualify for the Earned Income Tax Credit (...
02/07/2025

Earned Income Tax Credit Eligibility - Did You Know?

Millions of Americans may qualify for the Earned Income Tax Credit (EITC), which can significantly reduce a person's tax or increase their IRS refund. Unfortunately, many people miss out on this valuable credit each year because they do not realize that they are eligible.

Even if you have not qualified for the EITC in the past, you may be eligible if you experienced a life change in 2024 like a reduction in income, a change in marital status, or the birth or adoption of a child. Others who may overlook the opportunity to claim the credit include veterans, grandparents raising grandchildren, Native Americans, and people who live in rural areas or have limited English skills.

In order to claim the EITC, you must file a tax return, even if you do not have enough income to have a filing requirement. A tax professional can check your eligibility and help you file your return electronically to get your refund as quickly as possible.

Hobby or Business – Did You Know?Depending on a variety of factors, the IRS may designate a side gig as either a busines...
02/04/2025

Hobby or Business – Did You Know?

Depending on a variety of factors, the IRS may designate a side gig as either a business or a hobby. In some cases, having your side gig classified as a business can offer tax advantages, while in others, the hobby classification may be preferable.

Generally, the IRS defines a business as any activity that a person regularly pursues with a reasonable expectation of making a profit. If an activity results in losses (expenses exceeding revenue), the IRS may look at why those losses occurred, to determine whether they are likely to continue in the future.

One subtle factor to consider is the future value of assets used for the activity. If a pursuit involves acquiring property that gains value over time, like real estate or certain musical instruments, then those gains may yield long-term profits in spite of short-term losses. A tax professional can help you determine whether the IRS will likely see your side gig as a business or a hobby, and whether changes to how you pursue the activity could result in tax savings.

IRS 2025 IP PIN to Improve Security - Did You Know?The IRS encourages everyone to get an identity protection number (IP ...
01/30/2025

IRS 2025 IP PIN to Improve Security - Did You Know?

The IRS encourages everyone to get an identity protection number (IP PIN) for the 2025 tax filing season. An IP PIN is a unique code that you include on your tax return and any other IRS forms that you file during a year. Using this code prevents scammers from submitting fraudulent tax documents in your name, in an attempt to steal your refund or identity.

The easiest way to obtain an IP PIN is to create an online IRS account (link below). You can also request one by mail by filing IRS Form 15227. Note that an IP PIN only lasts for one calendar year, so even if you had one in 2024, you will need a new one this year. Once you receive your 2025 IP PIN, make sure to include it on your 2024 tax return, so that the IRS will accept it and reject any fakes. A tax professional can help you file your return electronically with your IP PIN properly entered, to ensure the fastest possible processing.

Get an IP PIN: https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin

Tax Filing Season BeginsThe IRS starts processing tax returns today and the deadline to file 2024 tax returns and pay an...
01/27/2025

Tax Filing Season Begins

The IRS starts processing tax returns today and the deadline to file 2024 tax returns and pay any taxes owed is Tuesday, April 15, 2025.

Once filed, the status of your tax return can be checked at: https://www.irs.gov/wheres-my-refund.

Filing Deadline for W-2 and 1099 FormsBusinesses who paid employees or independent contractors in 2024 are reminded to f...
01/24/2025

Filing Deadline for W-2 and 1099 Forms

Businesses who paid employees or independent contractors in 2024 are reminded to file all required payment reporting forms by January 31, 2025.

If you operate a business and pay employees, you generally must file a Form W-2 for each employee with the Social Security Administration (SSA) by January 31. You must also send each employee a copy of their W-2

January 31 is also the deadline for 1099 forms if you are required to file 1099-MISC and 1099-NEC forms.

If you are an employee, you should expect to receive your W-2 from your employer soon, if you have not received it already.

Got my seatbelt on ready for a bumpy ride!Y’all ready?2025 is already off to a fun start! 🤪Let’s get these taxes done so...
01/19/2025

Got my seatbelt on ready for a bumpy ride!
Y’all ready?
2025 is already off to a fun start! 🤪

Let’s get these taxes done so you can have at least one thing off your plate.

Contact us to get your appointments scheduled👍🏽

Address

1875 Brightseat Road
Hyattsville, MD
20785

Opening Hours

Tuesday 10am - 7pm
Wednesday 10am - 7pm
Thursday 10pm - 7pm
Friday 10am - 7pm
Saturday 10am - 6pm

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