Direct Phone: (302) 225-0600 HQ: Wilmington, DE | PA Regional: Exton, PA
Centennial Legacy • Founded 1923 • Celebrating 100+ Years

Delaware Certified Public Accountants & Strategic Business Advisors | BLS CPAs

Combining Big Four technical depth with the agility, transparency, and personal attentiveness of an independent regional firm. Headquartered in Wilmington, DE with regional offices in Exton, PA, guiding corporations, nonprofits, and high-net-worth families through complex fiscal landscapes.

ClearlyRated Best of Accounting Award 2026 Badge
Best of Accounting 2026 ClearlyRated 90+ NPS
INSIDE Public Accounting IPA Top 300 Firm Badge
IPA Top 300 Firm 11 Consecutive Years
Forbes Best-In-State CPAs Winner Badge
Forbes Best-In-State Top Delaware CPAs
18-Year Top Workplace Award Winner
18-Year Top Workplace The News Journal (2009–2026)
100+
Years of Operation
Continuously Founded in 1923
85+
Professionals
Multidisciplinary Team in DE & PA
Top 300
National IPA Firm
Sole DE-Headquartered CPA Firm
Pass
AICPA Peer Review
Highest Rating • Zero Deficiencies
Why Belfint, Lyons & Shuman

The Regional Firm with Global Capability

We bridge the gap between large national firms and boutique local practitioners, offering sophisticated financial architecture with unwavering personal dedication.

Big Four Precision, Personal Service

Our shareholders and directors are actively accessible on every engagement. You work directly with veteran CPAs, CVAs, and CFEs who take the time to understand your business objectives.

Meet Our Leadership Team →

Proactive, Year-Round Tax Strategy

Tax planning is never an annual retrospective. We build continuous forward-looking strategies, model legislative changes, conduct multi-state SALT nexus studies, and optimize Pass-Through Entity Tax (PTET) elections.

Explore Tax Strategies →

Global Reach via PrimeGlobal

As an independent member firm of PrimeGlobal—one of the world's top five accounting associations—we seamlessly coordinate inbound and outbound foreign direct investment across 100+ countries.

Our Worldwide Network →
Full-Service Matrix

Comprehensive Accounting, Assurance & Advisory

Engineered to support privately held corporations, nonprofits, family offices, and governmental authorities at every stage of their financial lifecycle.

Advisory & Business Valuation

Certified Valuation Analysts (CVA) delivering formal appraisals for partner buy-ins, shareholder disputes, estate tax reporting, ESOPs, and Chancery Court litigation support.

  • Mergers & Acquisitions Due Diligence
  • Delaware Trust & Fiduciary Advisory
  • Marital Asset Division Forensic Calculations
  • Outsourced Controllership & Bookkeeping

Audit & Independent Assurance

Rigorous financial verification satisfying lenders, boards, and regulatory bodies, featuring dedicated practices in ERISA retirement plan audits and Uniform Guidance Single Audits.

  • Financial Statement Audits & Reviews
  • 401(k), 403(b) & Pension ERISA Audits
  • Uniform Guidance (2 CFR 200) Single Audits
  • Delaware Supreme Court Rule 1.15 IOLTA

Delaware Holding Companies (DHC)

Leveraging Delaware Code Title 30 § 1902(b)(8) for statutory state tax exemption on intangible investment holding companies, backed by substantive local presence and nexus defense.

  • Substantive Domicile & Situs Defense
  • Turnkey Treasury & General Ledger Accounting
  • Board Meeting Hosting & Corporate Governance
  • Special Purpose Entity (SPE) Management
Browse All 6 Core Practice Areas →
Industry Immersion

Deep Technical Focus in Specialized Sectors

Accounting rules vary dramatically by industry. Our specialized teams possess the vertical domain expertise required to navigate unique regulatory and tax environments.

Nonprofit Organizations

Form 990/990-T compliance, ASC 958 donor restrictions, Single Audits, and our proprietary Nonprofit Succession Planning Workshop.

Nonprofit Practice →

Construction & Real Estate

Percentage-of-completion accounting, look-back rules, bonding financial statements, §1031 like-kind exchanges, and cost segregation studies.

Real Estate Practice →

Captive Insurance Companies

Statutory accounting principles (SAP), series captives, risk retention groups, and annual filings for entities domiciled in Delaware.

Captive Accounting →

Law Firms & Professional Services

Delaware Supreme Court Rule 1.15 IOLTA compliance examinations, partner capital accounting, and cash-to-accrual tax optimization.

Legal Accounting →
Explore All 12 Industry Practice Groups
Executive Governance

Guided by Experienced Leadership

BLS CPAs operates under a collaborative triad management model, ensuring rigorous operational stability, superior client outcomes, and long-term strategic vision.

Jeffrey A. Elwell, CPA

Executive Director of Administration
Director • Accounting & Auditing / Commercial Tax

Directs internal firm operational infrastructure and technology systems. Specializes in assurance, commercial enterprise tax planning, and the automotive retail sector.

(302) 573-3958 Wilmington HQ

Anne Mary Kluska, CPA, CVA

Executive Director of Client Services
Director • Business Valuation & Small Business Tax

Oversees client experience benchmarks across all practice divisions. A Certified Valuation Analyst (CVA) executing commercial business valuations, M&A advisory, and buy-sell agreements.

(302) 573-3941 Wilmington HQ

Jonathan D. Moll, CPA

Executive Director of Strategy
Director • Nonprofit Assurance & Strategic Growth

Spearheads firm strategic expansion, recruiting, and regional partnerships. A recognized leader in the nonprofit community conducting Single Audits and board governance consulting.

(302) 573-3966 Wilmington HQ
View Complete 30+ Member Professional Directory →
Independent Validation

Consistently Recognized for Quality & Culture

Our commitment to technical precision and workplace integrity is reflected in top national and regional honors.

ClearlyRated Best of Accounting 2026 Winner

Best of Accounting 2026

Net Promoter Score significantly exceeding national accounting averages.

INSIDE Public Accounting IPA Top 300 Firm

IPA Top 300 Firm

Ranked for 11 consecutive years; sole Delaware-based accounting firm on list.

Forbes Best-In-State CPAs

Forbes Best-In-State CPAs

Recognized among the top accounting leaders across Delaware and PA.

Delaware Top Workplace Winner

18-Year Top Workplace

Named by The News Journal based on anonymous employee workplace feedback.

★★★★★

"BLS CPAs has handled our corporate tax strategy, multi-state nexus compliance, and annual audit for over a decade. Their directors are always accessible, and their proactive planning saved us significant state tax liabilities."

CF
Chief Financial Officer Mid-Atlantic Distribution Corporation
★★★★★

"Their Employee Benefit Plan audit group is exceptional. They resolved complex Department of Labor Form 5500 testing issues without friction, completing our ERISA 401(k) audit ahead of deadline."

VP
VP of Human Resources Regional Financial Services Institution
BLS Insights

Timely Regulatory Updates & Legislative Analysis

Our directors actively break down complex IRS pronouncements, state tax decoupling, and emerging compliance standards.

Federal and State Tax Planning Analysis

The One Big Beautiful Bill Act (OBBBA) & Delaware Decoupling

Comprehensive breakdown of major federal tax changes and critical guidance on how Delaware and regional jurisdictions are decoupling from specific federal provisions.

Read Analysis →
U.S. Supreme Court FBAR Ruling Analysis

Supreme Court Guidance on FBAR Reporting & Penalties

Examining FinCEN Form 114 filing obligations, willful vs. non-willful foreign bank account reporting penalties, and voluntary disclosure relief options.

Read Analysis →
IRS Warnings on ERTC Scams

Corporate Transparency Act: Beneficial Ownership (BOI) Status

Enforcement schedules, court ruling updates, and essential 30-day reporting windows for privately held entities and Delaware holding companies under FinCEN rules.

Read Analysis →
Frequently Asked Questions

Answers to Common Financial & Advisory Inquiries

Direct, definitive answers regarding our service models, Delaware statutory advantages, and compliance standards.

Under Delaware Code Title 30 § 1902(b)(8), corporations whose activities within Delaware are confined solely to the maintenance and management of intangible investments (including stocks, bonds, patents, trademarks, and notes) and the collection/distribution of investment income are completely exempt from Delaware state corporate income tax. BLS CPAs provides the indispensable physical substance, local officers, general ledger accounting, and governance to protect against out-of-state nexus challenges.
While national firms often assign staff accountants with frequent turnover to middle-market engagements, BLS CPAs pairs Big Four-caliber technical expertise with hands-on, continuous director accessibility. Our clients benefit from direct shareholder involvement, responsive communication, transparent fee structures, and the global cross-border reach of PrimeGlobal across 100+ nations.
Under federal ERISA regulations, retirement plans (such as 401(k), 403(b), and pension plans) with 100 or more eligible participants on the first day of the plan year are generally classified as 'large plans' and must attach an independent auditor's report to their annual Form 5500 filing. BLS CPAs' specialized Employee Benefit Plan practice conducts ERISA Section 103(a)(3)(C) audits, tests internal controls, and resolves Department of Labor compliance questions.
With post-Wayfair economic nexus thresholds adopted nationwide, businesses with remote employees or out-of-state revenue face tax exposure in multiple jurisdictions. Our State and Local Tax (SALT) group performs comprehensive nexus reviews, files multi-state corporate and pass-through returns, negotiates Voluntary Disclosure Agreements (VDAs), and models Pass-Through Entity Tax (PTET) elections that allow owners to bypass the federal $10,000 SALT cap.
Client Digital Hub

Secure Portals, Bill Pay & File Transfers

Access our encrypted Citrix ShareFile portal to securely transmit tax organizers, sensitive workpapers, and financial statements, or complete online bill payments via Payerexpress.

Looking for Proactive Financial Leadership?

Connect with one of Delaware's most trusted CPA firms. Schedule a consultation to discuss your audit, tax planning, business valuation, or corporate holding company needs.

Schedule Consultation Today Call Us: (302) 225-0600