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PA Annual Report Filing Scam We have recently been made aware of business owners receiving mailings entitled “PENNSYLANIA ANNUAL REPORT”. These letters
The One Big Beautiful Bill Act (OBBBA) was officially passed into law on July 4, 2025. The bill provides sweeping
America’s Birthday In honor of the 249th birthday of America, our office will be closed on Thursday and Friday,
2025 Estimated Tax Payments – Please Remember the Date! The 2025 second quarter federal and Pennsylvania individual and corporate estimated
MEMORIAL DAY On Monday, May 26, 2025, our office will be closed in observance of Memorial Day, a national holiday.
April 15th Deadline Remember that April 15 is the due date this year to file your individual tax returns or
Date to Remember March 17th2024 Tax Return Form-1065, U.S. Partnerships and Form-1120S – U.S. S-Corporations for calendar year and calendar
The Federal Disaster Tax Relief Act of 2023 (H.R. 5863) was signed into law on December 12, 2024, by President
Recently we posted a piece about QuickBooks Online users having their data stolen and held for ransom. Since then, a
New Employee We are happy to announce that Dan Meuleners has joined the firm as a Staff Accountant. Dan is
Alert for QuickBooks Online users! Business owners using QuickBooks Online have been the recent target of internet fraudsters. To date,
Starting in 2025, all businesses operating in Pennsylvania will be required to file an Annual Report with the Department of
Reminder for ALL business owners – the due date to file Form 1099-NEC is January 31, 2025. 1099-NEC’s MUST be
Baum, Smith & Clemens, LLP is pleased to announce that Jennifer L. Landis, CPA has been named Co-Managing Partner of
Over the last few weeks, the Beneficial Ownership Information (BOI) Reporting enforcement was temporarily halted, reinstated and then halted again.
Happy New Year! Welcome to 2025! Thank you for your continued support of our firm and for the relationships that
Happy Thanksgiving! Our office will be closed on Thursday and Friday, November 28th and 29th, for the Thanksgiving Holiday. At
December Client Line Holiday Office Hours We will be observing the following office hours during the holiday season: Tuesday, December
A preliminary injunction has been filed on December 3 in a Texas federal district court against the enforcement of the
IRS increases 401(k) limit for 2025 but keeps IRA limit the same The Internal Revenue Service has announced that the
The IRS is encouraging taxpayers to register for an Identity Protection Personal Identification Number (IP PIN) to strengthen their defenses
Businesses and organizations that received a credit for the 2020 tax year should have filed an amended tax return by
FYI – Client Mail NotificationTo all our clients and friends that use the US Postal Service to pay invoices and
Dates to Remember BSC NEWS Meredith Myers, CPA We are happy to announce that Meredith Myers (formerly King) recently completed
