IMPORTANT DEADLINE: International
2022-06-15 | Pennsylvania
Deadline for 2021, individual tax returns for US taxpayers residing abroad and partnerships which keep their books and records outside the United States (automatic 2-month extension from April 15). An automatic extension to December 15, 2022, using Form 4868 is available as long as individuals did not receive US wages. This is NOT an extension to pay.
For additional information on these deadlines or our international services, please click here to contact us.

Highmark Walk for a Healthy Community
2022-06-11 08:00 - 11:00 (America/New_York) | Tubman Garrett Riverfront Park
BLS CPAs is a Bronze Sponsor for the Highmark Walk for a Healthy Community event, which benefits the Friendship House!
The Highmark Walk for a Healthy Community is an annual fundraising walk that benefits local health and human service agencies.
The primary goal of the walk is to help participating organizations raise money for their individual missions. One hundred percent of the funds raised through this event go directly back to the participating organizations, as Highmark underwrites all the associated costs of the event.
The benefactor of the 2022 Delaware Walk for a Healthy Community event is Friendship House, Inc.

Where:
Tubman – Garrett Riverfront Park
32 South King Street, Wilmington, DE 19801
50 Rosa Parks Dr, Wilmington, DE 19801

When:
Saturday, June 11, 2022

Important Times:
7:45 a.m. check-in and registration

9 a.m. 5K Walk

9:15 a.m.- 1 Mile Walk

Find out more details at the Highmark Walk for a Healthy Community website.

Delaware Center for Justice 3rd Annual Ride for Justice
2022-06-11 | Pennsylvania
BLS is a sponsor for the 3rd Annual Delaware Ride for Justice.
When: June 11, 2022 – beginning at 7:30 AM (for 84.6 loop riders) – all other riders begin at 10:30 AM
Rain Date: June 12, 2022
Learn more here: 3rd Annual Delaware Ride for Justice
Two years ago, a group of local cyclists came together to honor the memory of George Floyd and raise money to support organizations fighting for justice in Delaware. They’ve chosen to partner with the Delaware Center for Justice this year, recognizing the unique role that DCJ plays in the struggle for social justice in the First State.
This year’s family-friendly Delaware Ride for Justice will offer four routes from 5 miles, 10 miles, 28 miles, and 84.6 miles, a distance the organizers have chosen in memory of the final 8 minutes and 46 seconds of George Floyd’s life—and in recognition of the nationwide movement for justice that emerged as a result.

AICPA Engage 2022 Conference - Estate Planning for Non-Taxable Estates 10M and Less
2022-06-08 17:00 - 18:30 | Pennsylvania
Jordon N. Rosen, CPA, MST, AEP, (Distinguished) and Karly Laughlin, CPA will be presenting at the AICPA & CIMA ENGAGE22 Conference!
AICPA & CIMA Engage 2022: Estate Planning for Non-Taxable Estates $10 Million or Less

June 8, 2022

2:00 PM — 3:15 PM PDT
5:00 PM — 6:15 PM EDT

Session Information: https://agenda.aicpastore.com/sessions/eng2217

This session will cover the importance of planning for the modest estate owner, making the portability election vs. use of a credit shelter trust, state death tax considerations, filing the decedent’s final return including the use of losses, disclaimers, administrative and fiduciary elections available to the executor including Sections 645 and 663(b), gift tax elections, along with elections available if the decedent was an owner in a partnership or S corporation, and much more!
Learning Objectives:

Participants will learn the mechanics and how to file to elect portability.
Participants will learn the various administrative and fiduciary elections and filing options available for the decedent’s final income tax return.
Participants will learn the benefits of Roth conversions, life insurance planning and lifetime gifting for the modest estate owner.

New Castle County 4-H & FFA 20th Annual Summer Livestock Classic
2022-06-04 | Delaware State Fairgrounds, 18500 S. Dupont Hwy., Harrington, DE, 19952
BLS CPAs is a Silver Sponsor for the New Castle County 4-H & FFA 20th Annual Summer Livestock Classic!
Saturday, June 4, 2022
Delaware State Fair Grounds
Harrington, DE
Entry Fee: $2/animal
Weigh-Ins: 7:00- 8:00 a.m. Show begins at 9:00 a.m.
$16/animal after May 6th
All entries postmarked by May 27th
Find out more details at the New Castle County 4-H website.

Siegel JCC Delaware Annual Sports Classic (BLS is a Birdie Sponsor)
2022-05-23 | Wilmington Country Club, 4825 Kennett Pike, Wilmington, DE, 19807, United States
BLS CPAs is proud to be a Birdie Sponsor again this year for the 30th Annual Siegel JCC Delaware Sports Classic.
SIEGEL JCC ANNUAL SPORTS CLASSIC
Date:
May 23, 2022

Location:
Wilmington Country Club

4825 Kennett Pike
Wilmington, DE 19807

Additional details can be found on the Siegel JCC Delaware webpage.

Mastering Form 5500 Schedule H: Avoiding Audit Triggers
2022-05-17 13:00 - 15:00 | Pennsylvania
Christopher J. Ciminera, CPA, QKA, will be a panelist at Strafford’s Webinar – Mastering Form 5500 Schedule H: Avoiding Audit Triggers
Topic: Mastering Form 5500 Schedule H: Avoiding Audit Triggers
Date: Tuesday, May 17, 2022
Time: 1:00pm – 2:50pm ET
Panelists:

Christopher J. Ciminera, CPA, QKA – Belfint, Lyons & Shuman, CPAs
Linda T. Fisher – 5500 Consulting

Schedule H of Form 5500 provides important plan financial and compliance detail to the IRS and DOL. Schedule H is generally required to be completed and attached to Form 5500 for plans that cover more than 100 participants. A completed Form 5500 Schedule H will appropriately report the financial position of the plan and communicate answers to a series of compliance questions.
Effective for plans with years ending after December 15, 2021, Statement on Auditing Standards 136 (SAS 136), Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA, makes changes to the independent qualified public accountant’s audit opinion, which changes how a preparer will fill out Part III of the Schedule H. Retirement plan professionals need to be aware of the recent changes made to the Form 5500 to properly complete it.
Listen as our experienced panel provides a thorough and practical guide to mastering Form 5500, with a specific emphasis on Schedule H, Financial Reporting for Employee Benefit Plans, as well as the impact of recent accounting changes to Form 5500 filing requirements.

For more information, visit Strafford’s Webinar Listing.

IMPORTANT DEADLINE: Nonprofits
2022-05-16 | Pennsylvania
NONPROFITS:
Form 990 filing deadline for calendar year nonprofit organizations.

Boys & Girls Clubs of Delaware: 2022 Stanley's Classic
2022-05-16 | Wilmington Country Club, 4825 Kennett Pike, Wilmington, DE, 19807, United States
Belfint, Lyons & Shuman, CPAs is PROUD to be a Champion for Kids Sponsor for the 2022 Boys & Girls Club of Delaware Stanley’s Classic Golf Tournament.
May 16, 2022
Wilmington Country Club
Since 1988, the Stanley’s Tavern Golf Classic has raised more than 1.861 million dollars for the Boys & Girls Clubs of Delaware. Join us and Honorary Chair Howdy Giles at Wilmington Country Club on Monday, May 16th, for an afternoon of golf, followed by the Classic Cocktail Celebration.
More Details Here: 2022 Stanley’s Tavern Golf Classic

2022 Delaware Salute to Service - Multiply Good at The Jefferson Awards
2022-05-12 17:30 - 19:30 | Chase Center on the Riverfront, 815 Justison Street , Wilmington, DE, 19801, United States
BLS CPAs is proud to support Multiply Good at The Jefferson Awards by being a Community Sponsor for the 2022 Delaware Salute to Service Event!
Event Details
Multiply Good at The Jefferson Awards – Delaware Salute to Service
Thursday, May 12, 2022
Dravo Auditorium at The Chase Center on the Riverfront – 5:30pm
#celebrategood #Delaware4Good!

Delaware Bankers Association 127th Annual Meeting & Dinner
2022-05-12 17:00 - 21:00 | Hotel du Pont Country Club, 11th & Market Streets, Wilmington, DE, 19801, United States
BLS is proud to be a wine sponsor for this event!
The Delaware Bankers Association 127th Annual Meeting & Dinner will be held on May 12th, 2022 at the Hotel du Pont Country Club.
More information can be found on the DBA events calendar.

Christiana Rotary - Teeing it Up for the Kids Golf Tournament
2022-05-12 11:00 - 17:00 | Deerfield Country Club, Newark DE
BLS is a Tee Sign Sponsor, Beverage Cart Sponsor and Putting Contest Sponsor of the Christiana Rotary’s 27th Annual Tee it Up for the Kids Golf Tournament!
Join the Christiana Rotary on Thursday, May 12, at Deerfield Golf Club for this fun event. BLS is proud to sponsor the event!
The event details are listed below:
Schedule of Events
Registration & Lunch – 11:00
Shotgun Start – 12:00
Find out more here: https://www.facebook.com/events/654512801955493/

AICPA & CIMA Employee Benefit Plans Conference
2022-05-11 09:00 - 21:00 | Pennsylvania
Maria T. Hurd, CPA, RPA will be presenting at the AICPA & CIMA Employee Benefit Plans Conference on May 11, 2022 from 8am – 8:50am CDT. (9am – 9:50am EDT)!
AICPA & CIMA Employee Benefit Plans Conference
May 10-12, 2022
Engage with peers and thought leaders, sharpen your technical proficiencies, develop your leadership skills and learn about the latest updates, opportunities and issues affecting employee benefit plans.
Conference Details: AICPA & CIMA
Critical Topics

Guidance directly from leaders at the IRS and the U.S. Department of Labor
Remote work, virtual burnout, the worker shortage and other pandemic-related issues
Pain points in data privacy
Equity compensation (basic and advanced)
In-depth examinations of MEPs/PEPs, Security 2.0 and much more

Maria’s session:
403(b) Plan Basics – https://agenda.aicpastore.com/sessions/ebp2222

Better Business Bureau 57th Annual Celebration
2022-05-05 17:00 - 20:30 | DuPont Country Club, 1001 Rockland Road, Wilmington, DE, 19803, United States
BLS CPAs is proud to be a President’s Sponsor for the Better Business Bureau of Delaware’s 57th Annual Awards Celebration & Silent Auction!
On May 5, 2022 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 two students with the Student Ethics Scholarship presentation.
This is great networking event and opportunity to celebrate the mission of BBB – plus a can’t miss silent auction.
Additional details can be found on the BBB of Delaware’s website.

Stroud Water Research Center Fore Fresh Water Golf Invitational
2022-04-25 | Bidermann Golf Course, 601 Adam's Dam Road, Wilmington, DE, United States
BLS is proud to be a Hole Sponsor of the 2022 Stroud Water Research Center’s Fore Fresh Water Golf Invitational!
Golf sponsorship and participation helps support Stroud Water Research Center’s freshwater research, environmental education, and watershed restoration efforts.
Date: April 25, 2022
Location: Bidermann Golf Course
Find out more here: https://stroudcenter.org/event/golf-outing/

IMPORTANT DEADLINE: Individuals
2022-04-18 | Pennsylvania
2021 Delaware tax returns must be filed or extended. The balance due must be paid. An automatic 6-month extension using Form 1027 can be filed. This is NOT an extension to pay.
For additional information on these deadlines or our tax services, please click here to contact us.

IMPORTANT DEADLINE: Individuals, IRAs, C-Corps, Corporations and Trusts
2022-04-18 | Pennsylvania
INDIVIDUALS: File a 2021 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 Form 1040-SR by October 17.
C-CORPS: C-Corps file calendar year 2021 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.
IRA: 2021 IRA & Roth IRA contributions must be made today.
INDIVIDUALS & CORPORATIONS: If you’re not paying your 2022 income tax through withholding (or won’t pay in enough tax during the year that way), pay the first installment of your 2022 estimated
tax. Use Form 1040-ES. For more information, see Pub. 505.
TRUSTS: 2021 tax returns must be filed or extended. The balance due must be paid. An automatic extension to September 30, 2022 using Form 7004 can be filed. This is NOT an extension to pay.

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

IMPORTANT DEADLINE: Benefit Plans (12/31 year end)
2022-04-15 | Pennsylvania
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.

DSCC 185th Annual Dinner – BLS Sponsoring
2022-04-04 16:45 - 20:15 | Chase Center on the Riverfront, 815 Justison Street , Wilmington, DE, 19801, United States
BLS IS PROUD TO BE A SMALL BUSINESS LEADER SPONSOR THE DELAWARE STATE CHAMBER OF COMMERCE (DSCC) 185th ANNUAL DINNER!
The DSCC Annual Dinner is Delaware’s premier business event has always been the place to be in January for high level networking with more than 1,000 business leaders and elected officials.
Keynote Speakers:
Kathleen Shelton – Vice President & Chief Technology Officer – FMC Corporation

This event has been rescheduled to April 4 from January 10.
For additional details, visit the DSCC 185th Annual Dinner Webpage.

IMPORTANT DEADLINE: Benefit Plans (12/31 year end)
2022-04-01 | Pennsylvania
BENEFIT PLAN DEADLINE (12/31 year end):
Required Minimum Distribution (RMD) beginning date for 5% owners and terminated participants who turned 72 in 2021. 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 us.

Retirement Plan Regulatory Updates
2022-03-18 12:00 - 13:00 | Virtual
Chris Ciminera, CPA is presenting for myCPE on the topic of Retirement Plan Regulatory Updates on March 18.
If you want to know about the most recent auditing standard SAS 136, Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans then the speaker Chris Ciminera, CPA, QKA will guide you with the topics through this CE/CPE tax webinar.
12:00 PM EDT
Recommended Audience

This Online CPE webinar is recommended for AFSP, CRTP, CPA (US), EA, ORTP, MRTP, ChFC®, FSCP® CASL, ChSNC, RICP, WMCP, and other tax professionals who want to understand retirement plan regulatory updates.

Learn more about this virtual presentation – Retirement Plan Regulatory Updates

Delaware State University - 2022 Spring Career Fair
2022-03-15 11:00 - 16:00 | 1200 North Dupont Highway, Dover, DE, 1200 North Dupont Highway, Dover, DE, United States
Are you an accounting major at DSU looking to start your career with a Top Workplace? Or looking for a 2023 Summer Internship? Don’t miss the Spring 2022 Career Fair and be sure to connect with us to learn more about BLS CPAs and our internship program. We hope to see you there!
Additional details can be found at the Delaware State University Career Services web page.
Apply for one of our positions on the Delaware State University’s Handshake page.

IMPORTANT DEADLINE: International
2022-03-15 | Pennsylvania
Form 1042 is due. An automatic 6-month extension using Form 7004 can be filed. This is NOT an extension to pay.
Form 3520-A is due for calendar year foreign trusts with a US owner. An automatic 6-month extension is available, using Form 7004.
Form 8804 must be filed to report withholding tax on income from partnerships with foreign partners. A 5-month extension using Form 7004 can be filed. This is NOT an extension to pay.
For additional information on these deadlines or our international services, please click here to contact us.

IMPORTANT DEADLINE: Benefit Plans (12/31 year end)
2022-03-15 | Pennsylvania
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, 2022 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.

IMPORTANT DEADLINE: S-Corps, Large Partnerships, and Partnerships
2022-03-15 | Pennsylvania
S-CORPORATIONS: File a 2021 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 2022.
PARTNERSHIPS & LARGE PARTNERSHIPS: File a 2021 calendar year return (Form 1065). Provide each partner with a copy of their final or amended Schedule K-1 (Form 1065), Partner’s Share of Income, Deductions, Credits, etc., or substitute Schedule K-1 (Form 1065).
To request an automatic 6-month extension of time to file the return, file Form 7004. Then, file the return and provide each partner with a copy of their final or amended (if required) Schedule K-1 (Form 1065) by September 15.
For additional information on these deadlines or our tax services, please click here to contact us.

Estate Planning Council of Delaware: State Income Taxation of Trusts
2022-03-02 17:00 - 20:00 | DuPont Country Club, 1001 Rockland Road, Wilmington, DE, 19803, United States
BLS IS SPONSORING THE ESTATE PLANNING COUNCIL OF DELAWARE’S MARCH EVENT
Topic: State Income Taxation of Trusts
Date: Wednesday, March 2, 2022
Time: 5:00pm – 8:00pm
Location: DuPont Country Club
Speaker: Dick Nenno
FIND OUT MORE HERE: https://www.epcdelaware.org/events/event/21832

IMPORTANT DEADLINE: Businesses
2022-02-28 | Pennsylvania
Businesses:
File information returns (for example, certain Forms 1099) for certain payments you made during 2021. 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 forms for each type of payment. See the General Instructions for Certain Information Returns for information on what payments are covered, how much the payment must be before a return is required, which form to use, and extensions of time to file.
If you file Forms 1097, 1098, 1099 (except a Form 1099-NEC reporting nonemployee compensation), 3921, 3922, or W-2G electronically, your due date for filing them with the IRS will be extended to March 31. The due date for giving the recipient these forms generally remains January 31.
For additional information on these deadlines or our tax services, please click here to contact us.

Retirement Plan Audits
2022-02-16 12:00 - 13:00 | Virtual
Chris Ciminera, CPA is presenting for myCPE on the topic of Retirement Plan Audits on February 16.
This CPE course will cover the audit from beginning to end focusing on important items that the auditor should consider.
12:00 PM EDT
Recommended Audience

Online CPE Webinar is recommended for CPAs, CMAs, CIAs, QIALs, IAPs, Internal Auditors, External Auditors, Compliance Officers, CFOs, and other professionals interested in upgrading their knowledge regarding Retirement Plan Audits.

Learn more about this virtual presentation – Retirement Plan Audits

IMPORTANT DEADLINE: Businesses
2022-02-15 | Pennsylvania
Businesses:
Give annual information statements to recipients of certain payments you made during 2021. 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 Form 1099-B.
All payments reported on Form 1099-S.
Substitute payments reported in box 8 or gross proceeds paid to an attorney reported in box 14 of Form 1099-MISC.

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

IMPORTANT DEADLINE: Individuals
2022-02-15 | Pennsylvania
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 us.
