You are now leaving the Belfint Lyons Shuman website. Neither Belfint Lyons Shuman nor PrimeGlobal are responsible for the content of the site you are visiting.

Upcoming Events

January 29, 2015

Ware Presbyterian Village Estate & Tax Presentation

Join Ware Presbyterian Village to learn about their property and also hear Jordon N. Rosen, CPA, AEP and Karly Laughlin, CPA from Belfint, Lyons & Shuman, CPAs discuss important estate and tax considerations when it comes to senior living.

 

Find out more at http://www.warepresbyterian.org/.

 

Start: January 29, 2015 11:00 am
End: January 29, 2015 12:00 pm
Venue: Ware Presbyterian Village Estate & Tax Presentation
Address:
7 East Locust Street, Oxford, PA, 19363, United States

February 2, 2015

IMPORTANT DEADLINE: All Employers

ALL EMPLOYERS

*All employers must have distributed 2014 W-2 forms to their employees and Form 1099s to their proper recipients.

 

For additional information on these deadlines or our tax services, please click here to contact us.

 

Date: February 2, 2015

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

BENEFIT PLAN DEADLINE (12/31 year end)

*Form 1099-R due to report distributions paid during 2014.

*Form W-2 due to report employee’s active participant status for 2014.

Note: Since the filing due date (January 31) falls on a Saturday, Sunday, or Federal holiday, the return/report may be filed on the next day that is not a Saturday, Sunday, or Federal holiday.

 

For additional information on these deadlines or our employee benefit plan audit services, please click here to contact us.

 

Date: February 2, 2015

February 3, 2015

World Trade Center: ASEAN Roundtable

BLS is hosting this WTC DE event!

REGISTER NOW

 

World Trade Center Delaware cordially invites you to join Mr. Marc Mealy, Vice President, US-ASEAN Business Council, on Tuesday, February 3 ,2015.

 

With a population of more than 600 million and a nominal GDP of $2.31 trillion, ASEAN (the Association of Southeast Asian Nations), made up of Brunei Darussalam, Myan mar, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand and Vietnam, is fast becoming a major economic force in Asia and a driver of global growth.

 

Don’t miss the chance to learn about business opportunities and political and economic risks in one of the most fast-growing economic blocs of the world.

 

REGISTER NOW

 

Start: February 3, 2015 8:30 am
End: February 3, 2015 10:30 am
Venue: Belfint, Lyons & Shuman, CPAs
Address:
1011 Centre Road (Suite 310), Wilmington, DE, 19805, United States

February 11, 2015

Taxes as They Relate to Independent Contractors

The Patterson-Schwartz Real Estate – Hockessin Office invited Jordon N. Rosen, CPA, AEP and Joe N. Gaudio, CPA to present ‘Taxes as They Relate to Independent Contractors.’

 

Start: February 11, 2015 10:00 am
End: February 11, 2015 11:00 am
Venue: Patterson-Schwartz Real Estate
Address:
7234 Lancaster Pike, Hockessin, DE, 19707, United States

February 17, 2015

IMPORTANT DEADLINE: Individuals

INDIVIDUALS

*Individuals who claimed exemption from income tax withholdings on their 2014 W-4 form must file a new W-4 form with their employer if they wish to continue the exemption in 2015.

 

For additional information on these deadlines or our tax services, please click here to contact us.

 

Date: February 17, 2015

February 25, 2015

Estate Planning Council of Central Pennsylvania: The 3.8% Net Investment Income Tax

Jordon N. Rosen, CPA, AEP, a Director with Belfint Lyons Shuman, CPAs and is the President Elect of the NAEPC will be speaking at the Estate Planning Council of Central Pennsylvania’s monthly meeting. Jordon will give an update on the 3.8% net investment income surtax.

The 3.8% Net Investment Income Tax – One Year Later

 

  • What we learned from last filing season
  • Form 8960  – filing issues for individuals and fiduciaries
  • Planning opportunities for individuals
  • Planning opportunities for estates and trusts
  • Are you a really a “real estate professional?”
  • Legislative update

For additional details or to register, go to http://epccp.org/.

Start: February 25, 2015 5:30 pm
End: February 25, 2015 7:30 pm

March 2, 2015

IMPORTANT DEADLINE: Businesses, All Employers and Restaurants & Bars

BUSINESSES

*Businesses must file an information return (forms 1099 and 1096) with the IRS for certain payments made in 2014.*

ALL EMPLOYERS

*All employers must file Form W-3 along with a Copy A of all W-2s issued in 2014.*

RESTAURANTS and BARS

*Restaurants and bars must report tip income and allocated tips.*

*However, if you e-file, the due date is automatically extended to March 31, 2015.

 

For additional information on these deadlines or our tax services, please click here to contact us.

 

Date: March 2, 2015

March 16, 2015

IMPORTANT DEADLINE: C-Corps, S-Corps, S Elections and Large Partnerships

C-CORPORATIONS & S-CORPORATIONS

*C-Corps and S-Corps file calendar year 2014 tax returns and pay any money still due. They can file an automatic 6-month extension using Form 7004 BUT this is NOT an extension to pay.

S ELECTIONS

*S elections must file Form 2553 if you wish to be treated as an S-Corp in 2015.

LARGE PARTNERSHIPS

*Large partnerships must provide each partner with a copy of their Schedule K-1 from Form 1065-B. This due date still applies even if the partnership requests an extension of time to file Form 1065-B by filing Form 7004.

 

For additional information on these deadlines or our tax services, please click here to contact us.

 

Date: March 16, 2015

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

BENEFIT PLAN DEADLINE (12/31 year end)

*Corrective distribution for failed ADP/ACP without 10% excise tax (non EACAs) is due. Eligible Automatic Contribution Arrangements (EACAs) have until June 30, 2015 to make corrective contributions without a 10% excise tax.

Note: Since the filing due date (March 15) falls on a Saturday, Sunday, or Federal holiday, the return/report may be filed on the next day that is not a Saturday, Sunday, or Federal holiday.

 

For additional information on these deadlines or our employee benefit plan audit services, please click here to contact us.

 

Date: March 16, 2015
  • BELFINT PLAN AUDIT BLOG

    • Compensation Issues – Revisited

      We are more than halfway through the retirement plan audit season and we have noticed a number of common errors occurring with compensation. I previously discussed these issues in my blog series “Compensation: The Missing Link - Part 1” and "Compensation: The Missing Link - Part 2," but we want to revisit the issue, since we are seeing this error occur on a rather consistent basis.

  • BELFINT NONPROFIT BLOG

    • Small Nonprofit? Get the Credit You Deserve!

      In March 2010, the Affordable Care Act was enacted to encourage small businesses and tax-exempt organizations to offer health insurance to their employees for the first time or continue the health care coverage they already provided.

  • MATTER OF TAX BLOG

    • The Nanny Tax

      Have you hired a household employee? If so, what are your responsibilities for that employee? If you’ve hired anyone to do work in or around your home and you control how the work is done,

Accounting | Audit | Advisors | Consultants | CPAs - Belfint Lyons Shuman is a Certified Public Accounting Firm serving companies across Delaware including Wilmington, Dover (DE) and Pennsylvania including Philadelphia and West Chester (PA). BLS focuses on serving the needs of construction companies, employee benefit plan audits, law firms, medical practices and nonprofit organizations. We also assist international companies with international tax, FBAR compliance and regulatory services.

© 2014 by Belfint Lyons & Shuman, P.A. All rights reserved.