Bill Bailey founded Bailey, Smith & Associates, LLP, in 2005 with friend and colleague Melynda Smith. As a Partner, Bill specializes in taxation, IRS representation, business consultation, and planning.
Prior to establishing the firm, Bill served as a CPA and Tax Counsel for a Fortune 200 company for 18 years, where he was dedicated to corporate and business taxation. He has earned a Bachelor of Science in Accounting and Economics from Southeastern Oklahoma State University, graduating with honors. He has also earned a Juris Doctor from Texas Wesleyan University School of Law. He is a Certified Public Accountant and Attorney, licensed to practice before the U.S. Tax Court, the U.S. Supreme Court, and the Texas Supreme Court. Bill is a member of the American Institute of Certified Public Accountants (AICPA), the Texas Society of Certified Public Accountants (TSCPA), the Tax Section of the Dallas Chapter of CPAs, American Academy of Attorneys and CPAs, the American Bar Association, and the Tax Section of the Texas and Dallas Bar Associations.
Outside of the office, Bill enjoys gardening, art, woodworking, and teaching Sunday school.
Our trained staff understands the unique challenges that your professional service-based business faces. As your trusted advisors, we work with you throughout the year to evaluate...
read moreOur firm is committed to helping you achieve financial success within your medical practice. Our skilled professionals have years of experience in providing...
read moreOur firm specializes in serving the accounting, tax and financial management needs of law firms, lawyers, attorneys and all types of legal practices. We help legal firms...
read moreOn September 22, 2016, the IRS issued an alert warning taxpayers to be on guard for fake emails purporting to contain an IRS tax bill related to the Affordable Care Act (ACA). The email attachment is usually an IRS Notice CP2000. The fraudulent email and IRS Notice CP2000 usually have the following...
The IRS is sounding the alarm that certain taxpayers may experience delays in receiving refunds associated with the filing of their 2016 tax returns.
Those individuals who are claiming the Earned Income Tax Credit and/or the Additional Child Tax Credit will likely experience a delay in the receipt of their refunds especially if they file early in the season. New laws...
Beware of Back to School Phone Scams
The IRS has issued a warning to parents and students that scammers are engaging in a new telephone tax scam. The scammers call the parents and/or the student and make a demand for the immediate payment of non-exisent taxes such as a "Federal Student Tax". The scammers threaten to report the...
Onvio Client Center 
Client PortalNetClient CS
Online AccountingQuickBooks Online
