BENEFIT PLAN DEADLINE (12/31 year end): Required Minimum Distribution (RMD) beginning date for 5% owners and terminated participants who turned 72 in 2022. This deadline applies only to the first RMD. Subsequent RMDs must be made by December 31 of each year For additional information on these deadlines or our employee benefit plan audit services, please click here to contact … Continued
INDIVIDUALS: If you received $20 or more in tips during March, report them to your employer. You can use Form 4070.
BENEFIT PLAN DEADLINE (12/31 year end): Corrective distribution of 402(g) (excess deferrals) For additional information on these deadlines or our employee benefit plan audit services, please click here to contact us.
Deadline to file FINCen 114 (Formerly known as Form TD F 90-22.1) (FBAR). Reporting is on a calendar year, regardless of the taxpayer’s fiscal year elected. Foreign-owned U.S. disregarded entities must paper file a pro-forma Form 1120 and Form 5472. An automatic extension to October 15, 2023 using Form 7004 is available. For additional information on these deadlines or … Continued
INDIVIDUALS: File a 2022 Form 1040 or Form 1040-SR and pay any tax due. If you want an automatic 6-month extension of time to file the return, file Form 4868 and pay what you estimate you owe in tax to avoid penalties and interest. For more information, see Form 4868. Then, file Form 1040 or … Continued
BLS will be a Showcase Exhibitor at Delaware Alliance for Nonprofit Advancement's (DANA) 2023 IMPACT Delaware Annual Conference. Unleashing Our Imagination and Power to Solve Big Problems The past few years have proven strength, power, and resilience as a sector. And what successes we saw! Nonprofit organizations and voluntary associations across Delaware worked together to serve … Continued
BLS IS EXCITED TO BE A GOLD SPONSOR FOR THE ATA MARTIAL ARTS' PENN CLASSIC 2023! The 2023 Penn Classic, an ATA International Regional Taekwondo Tournament at Neumann University's Mirenda Center on Saturday, April 22, 2023. The 2023 Penn Classic will bring over 2,000 people and over 250 local students and their families, who live … Continued
Maria Hurd, CPA will be the Keynote Speaker at The Plan Sponsor University All Day Conference. The Plan Sponsor University will be held on April 25 from 8:00am-2:00pm at Villanova University. Maria's Keynote Details Topic: Making Sure Your Retirement Plan is Compliant with SECURE Act 2.0 Keynote Timeframe: 10:05-10:50 Learn more from the TPSU website!
BLS CPAs is proud to be a Friend Sponsor of the 2023 Catholic Charities Annual Tribute Dinner! Catholic Charities Annual Tribute Dinner April 27, 2023 – 05:00 PM Chase Center on the Riverfront, Wilmington, DE Each year, Catholic Charities honors outstanding individuals who have demonstrated a deep commitment to addressing the well-being of our communities’ … Continued
BLS CPAs is proud to be a President’s Sponsor for the Better Business Bureau of Delaware’s 58th Annual Awards Celebration & Silent Auction! On April 27, 2023 BBB Delaware will honor 5 companies with their business ethics awards (Torch, Rush and Thrive). In addition to the prestigious business awards, BBB will shine a spotlight on … Continued