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 … Continued
BLS CPAs is a Sponsor for the 28th Annual Block Kids Competition hosted by NAWIC Wilmington Delaware Chapter #96! NAWIC Delaware Chapter #96 hosts a FREE event for students in … Continued
INDIVIDUALS: If you received $20 or more in tips during January, report them to your employer. You can use Form 4070.
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 … Continued
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 … Continued
Jenni Fleck Jones is a co-panelist for AAM's next Diversity, Equity, & Inclusion Webinar. Fighting the War for Talent: How DEI & Marketing Can Give Your Firm an Advantage Recruiting, … Continued
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 … Continued
INDIVIDUALS: If you received $20 or more in tips during February, report them to your employer. You can use Form 4070.
S-CORPORATIONS: File a 2022 calendar year income tax return (Form 1120S) and pay any tax, interest, and penalties due. Provide each shareholder with a copy of their final or amended Schedule K-1 (Form 1120S) or substitute Schedule K-1 (Form 1120S). S-CORPORATION ELECTIONS: File Form 2553 to elect to be treated as an S corporation beginning with calendar year … Continued
BENEFIT PLAN DEADLINE (12/31 year end): Corrective distribution for failed ADP/ACP without 10% excise tax is due (non EACAs only). Eligible Automatic Contribution Arrangements (EACAs) have until June 30, 2023 to make corrective contributions without a 10% excise tax. For additional information on these deadlines or our employee benefit plan audit services, please click here to contact us.