November Bulletin
Happy Thanksgiving! Our office will be closed on Thursday and Friday, November 28th and 29th, for the Thanksgiving Holiday. At this time of the year, we would like to thank our clients and friends for your support and confidence in our firm and to wish you and your families a happy and safe holiday. IRS […]
DECEMBER CLIENT BULLETIN
December Client Line Holiday Office Hours We will be observing the following office hours during the holiday season: Tuesday, December 24, 2024, the office will close at 12 noon.Wednesday, December 25, 2024, the office will be closed all day.Wednesday January 1, 2025, the office will be closed all day. Merry Christmas and Happy Holidays to […]
BOI reporting mandate may no longer be enforced
A preliminary injunction has been filed on December 3 in a Texas federal district court against the enforcement of the Corporate Transparency Act (CTA) – the Act which mandated most business owners to file the Beneficial Ownership Information (BOI) report for which we’ve previously written about. The original reporting was due 1/1/2025, but the injunction […]
Important Reminder About ERC Credit
Businesses and organizations that received a credit for the 2020 tax year should have filed an amended tax return by March 15 or April 15, 2024, if they filed their returns timely. For credits received for the 2021 tax periods, the deadline for filing is March 15 or April 15, 2025, if they filed their […]
OCTOBER BULLETIN
Dates to Remember BSC NEWS Meredith Myers, CPA We are happy to announce that Meredith Myers (formerly King) recently completed the requirements to become a Certified Public Accountant. She has passed the written Uniform Certified Public Accountant Examination that tests the candidate’s knowledge in: Financial Accounting, Auditing, Business Environment & Concepts and Regulations. She has also […]
SEPTEMBER CLIENT BULLETIN
OFFICE HOURS UPDATE We have returned to our regular business hours of 8:30 AM until 5:00 PM, Monday through Friday. DATE TO REMEMBER – Monday, September 16, 2024 The final date to file 2023 calendar year tax returns for S-Corporations and Partnerships that filed valid extensions. Third quarter estimated tax payments for 2024 calendar year […]
IRS Warns Taxpayers About Scams by Offer in Compromise Mills
The IRS has issued a warning to taxpayers to be cautious of unscrupulous promoters claiming to offer help in resolving unpaid taxes through the IRS Offer in Compromise (OIC) program. These fraudulent entities, often referred to as OIC mills, use aggressive marketing tactics and promise to settle tax debts for “pennies-on-the-dollar,” charging excessive fees with […]
JULY CLIENT BULLETIN
JULY CLIENT LINE Travis Bechtel Scholarship Award The firm is pleased to announce that this year’s winner of the Travis Bechtel Scholarship is Adelyn Clemmer of Harleysville, PA. The award is given to a graduating senior of Dock Mennonite Academy (DMA), chosen by the school, who has excelled in academics, sports, and business. Adelyn graduated […]
June Client Bulletin
LEAD GRADUATE We are pleased to announce that Jessica Galle, CPA, has successfully completed the LEAD Indian Valley Community Leadership Institute Program, sponsored by the Indian Valley Chamber of Commerce. Designed for business and nonprofit executives or emerging leaders, the LEAD curriculum has a specific emphasis on developing self-awareness and identifying the skills needed to […]
Beneficial Ownership Reporting Requirement
What you Need to Know Effective January 1, 2024, under the Corporate Transparency Act (“CTA”), most small businesses are required to report beneficial ownership information to the Financial Crimes Enforcement Network (“FinCEN”) in an effort to combat money laundering and other illegal activity. What is a Beneficial Owner? A “beneficial owner” is defined as any […]
