MARCH CLIENT BULLETIN
Tax Filing Reminder Partnerships (Form 1065) and S-Corporations (Form 1120S) tax returns for the 2025 tax year should be filed by Monday March 16. If you are unable to file, an extension of time can be granted by filing Form 7004, Application for Automatic Extension of Time to File Certain Business Income. Slam the Scam! […]
Congratulations to our Promoted Staff!
Brianna Ralston, CPA, MSA promoted to Audit Manager. Joshua Lerch, CPA promoted to Tax Manager. Michael Lombardo, CPA promoted to Tax Manager. Meredith Myers, CPA, CMA promoted to Supervisor. Justin Yoder promoted to Senior.
February Bulletin
And now – the moment you’ve all been waiting for! Yes! Tax Season is officially upon us!The BSC team is eagerly awaiting your 2025 individual and business tax information to help get your returns filed! Our 2025 individual tax organizers have officially been distributed to clients. Most were sent via our electronic Safesend software which […]
New Managing Partner
The firm is happy to announce that effective January 1, 2026, Jennifer L. Landis, CPA will be Managing Partner, replacing Gary T. Schultz, CPA. They have been the Co-Managing Partners for the past year while transitioning responsibilities to make for a more efficient change. Gary will continue to work full-time while Jen assumes her new […]
Employee News
As we approach the end of 2025 and our 52nd year of being in business, there are some employee milestones and changes to announce as we move forward to 2026. Alfred A. Foley, CPA, will be retiring as of December 31st, completing his career with us. Fred has been with the firm 41 years and […]
BSC One Big Beautiful Bill Act Webinar recording is available for viewing.
The recording of our One Big Beautiful Bill Act & Tax Update Webinar is available to view at your convenience! We have separated the presentation that originally aired on 11/13 into two videos – the first is geared toward individual taxation, presented by Tad Schantz, CPA, CFE: 2025 BSC Tax Update Webinar – Individual Section […]
PA Annual Report Filing Scam
PA Annual Report Filing Scam We have recently been made aware of business owners receiving mailings entitled “PENNSYLANIA ANNUAL REPORT”. These letters are being sent from a company calling itself “New Business Filing LLC”. The form instructs Pennsylvania businesses: “To avoid administrative dissolution or revocation in the future, file your 2025 Annual Report online at Busfile.org/2025” or “scan […]
1099 Reporting
Reminder for ALL business owners – the due date to file Form 1099-NEC is January 31, 2025. 1099-NEC’s MUST be prepared and furnished to any non-incorporated vendor who rendered services in 2024 totaling $600 or more. If you would like BSC’s assistance with preparation, please provide the following information to us as soon as possible […]
Press Release
Baum, Smith & Clemens, LLP is pleased to announce that Jennifer L. Landis, CPA has been named Co-Managing Partner of the Harleysville based Certified Public Accounting and Business Advisory Firm as of January 1, 2025. Jennifer will join current Managing Partner Gary T. Schultz, CPA to oversee the firms’ overall operations and direction. This transition […]
BOI REPORTING UPDATE
Over the last few weeks, the Beneficial Ownership Information (BOI) Reporting enforcement was temporarily halted, reinstated and then halted again. The courts have settled on a decision to schedule an appeal hearing for the BOI Reporting requirement for March 25th, 2025. At this time, we will not speculate on the anticipated outcome of this hearing, […]