Events

IMPORTANT DEADLINE: Benefit Plans (12/31 year end)

BENEFIT PLAN DEADLINE (12/31 year end): Prospective amendment to add or remove safe harbor status for 2023  Prospective amendment to add an automatic enrollment to plan (QACA & EACA) (For 2023)  Required minimum distribution date under IRC 401(a)(9)  Corrective distribution for failed ADP/ACP test with 10% excise tax or QNEC contribution  For additional information on these … Continued

IMPORTANT DEADLINE: Deductions

Last date to make payments that can be deducted from 2022 return for cash basis taxpayer.  Last date to establish a Keogh plan or 401(k) to deduct a contribution on 2022 return.  For additional information on these deadlines or our tax services, please click here to contact us.

IMPORTANT DEADLINE: Individuals

INDIVIDUALS: Make a payment of your estimated tax for 2022 if you didn't pay your income tax for the year through withholding (or didn't pay in enough tax that way). Use Form 1040-ES. This is the final installment date for 2022 estimated tax payments. However, you don't have to make this payment if you file … Continued

IMPORTANT DEADLINE: Benefit Plans (12/31 year end)

BENEFIT PLAN DEADLINE (12/31 year end): Form 1099-R due to participants who received distribution in 2022.  Form W-2 due to report employee’s active participant status for 2022.  For additional information on these deadlines or our employee benefit plan audit services, please click here to contact us.

IMPORTANT DEADLINE: All Employers and Businesses

ALL EMPLOYERS: All employers must have distributed 2022 W-2 forms to their employees and Form 1099s to their proper recipients. BUSINESSES: Give annual information statements to recipients of certain payments you made during 2022. You can use the appropriate version of Form 1099 or other information return. Form 1099 can be issued electronically with the consent of … Continued

IMPORTANT DEADLINE: Individuals

INDIVIDUALS: If you claimed exemption from income tax withholding last year on the Form W-4, Employee’s Withholding Allowance Certificate, you gave your employer, you must file a new Form W-4 by this date to continue your exemption for another year. For additional information on these deadlines or our tax services, please click here to contact … Continued

IMPORTANT DEADLINE: Businesses

Businesses: Give annual information statements to recipients of certain payments you made during 2022. You can use the appropriate version of Form 1099 or other information return. Form 1099 can be issued electronically with the consent of the recipient. This due date applies only to the following types of payments.   All payments reported on … Continued

IMPORTANT DEADLINE: Businesses

Businesses: File information returns (for example, certain Forms 1099) for certain payments you made during 2022. These payments are described under January 31, earlier. However, Form 1099-NEC reporting nonemployee compensation must be filed by January 31. There are different forms for different types of payments. Use a separate Form 1096 to summarize and transmit the … Continued

Apply Now

Need Additional Information?

If you need more information, please contact us so we can connect you with one of our CPA advisors who will be committed to your business and personal success. BLS is here to help!