Wouch, Maloney & Co., LLP is a regional certified public accounting firm that provides closely-held business and personal clients with a wide array of accounting services. Our domestic multi-state and international clients have come to rely on our highly technical and personalized expertise. For over twenty-five years, our firm has provided these services in a proactive, knowledgeable, and caring manner. We skillfully respond to the varied goals and needs of our clients, as we help to preserve and enhance their economic well-being.

Recent Accomplishments

  • Eric Seidman Discusses MLB Mega-Trade

    Eric Seidman, a Senior Accountant at Wouch, Maloney & Co, was on WYGM-740 The Game in Orlando, FL this week to discuss the tax ramifications of the baseball mega-trade between the Miami Marlins and the Toronto Blue Jays. Listen as Eric discusses "The Jock Tax", deductible expenses for athletes, and how the differences between the United States and Canada, and the state of Florida and the province of Ontario, will impact the traded players.

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  • Tax Planning For Athletes and Entertainers

    In July 2012, Wouch, Maloney & Co., LLP attended the 3rd annual EMG Sports Networking Event in New York City. The event featured numerous NFL players and was designed to connect athletes with professionals in various fields. We led a roundtable discussion with the players, highlighting the history and complexities of "The Jock Tax", general multi-state tax issues, the consulting and advisory services Wouch Maloney can offer to athletes and their business partners, and several important considerations specific to athletes as they begin their careers.

  • Mergers and Acquisitions

    Wouch, Maloney & Co., LLP successfully assisted a major client with structuring a buy-in. The buy-in encompassed a commercial real estate portfolio valued at over $166 million owned by 9 separate partnerships. Advice on entity selection and extensive tax planning resulted in a structure that was acceptable to the purchaser yet enabled our client to complete the transaction at a tax cost that was several million dollars less than the taxes that would have resulted from the original proposed structure.

  • Business Restructuring

    Wouch, Maloney & Co., LLP provided valuable assistance to a client in connection with the re-structuring of its existing businesses. We successfully developed a structure that enhanced asset protection, provided positive tax benefits, and also leveraged estate planning opportunities. We also worked with the client’s attorney to draft a Shareholders Agreement which contained business continuity provisions that were acceptable to both the majority and minority owners as well as structured compensation agreements.

  • Business Restructuring

    Wouch, Maloney & Co., LLP assisted a client with developing a new business structure for his various business entities. The prior structure made it difficult to reward key employees with entity ownership interests without adverse tax effects. Further, measuring performance in the prior structure was cumbersome. The new structure provides for simple ownership transitions on a tax-advantaged basis. The new structure also facilitates the use of profit centers which allows the client to make timely and relevant performance measures.

  • Tax Penalty Abatement

    Wouch, Maloney & Co., LLP successfully negotiated the settlement of a $28,000 late filing penalty assessment with the State of Pennsylvania. The negotiations were complicated by an unusual fact pattern since a tax amnesty period had passed. Generally, the PA Department of Revenue is precluded from making any reduction of penalty after an amnesty period has passed. Our client was pleased that the settlement amount was reduced to $8,000 (a $20,000 savings) under these circumstances.

  • Litigation Support

    A client was faced with a $50,000 assessment for PA personal income taxes related to losses incurred in client’s horse racing and breeding operation over a number of years. Wouch, Maloney & Co., LLP developed arguments and supporting documentation in support of the client’s position that the horse operation was a business, not a hobby. This information was presented by the client’s attorney to counsel for the PA Revenue Department. The Department withdrew their assessment prior to the hearing date before Commonwealth Court.

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What Our Clients Say:

  • "We have used the services of Wouch, Maloney for the past three (3) years and could not be happier with the results obtained since then.

    Prior to engaging them as our accounting firm I was apprehensive about the cost of their services; however, once I discovered the savings generated by their advice and preparation of our financial and tax returns I was elated. I am sold! "

    Mr. Craig Alper

    President, Alper Enterprises Inc.

  • "DRS operates at five facilities in three states with a unionized workforce represented by eight locals. Almost all of our business is derived from abroad and we handle cargo spanning the gamut from automobiles to cocoa beans, bananas to steel, lumber to containers.

    The professionals at Wouch, Maloney & Co. have an unparalleled ability to quickly absorb complicated and disparate information and to arrive at a deep understanding of our business. Our ownership is comprised of two of the largest national companies in the maritime industry. Both stockholders, as well as our bank, have complete confidence in Wouch, Maloney & Co. issued statements.”

    Mr. Robert Palaima

    President, Delaware River Stevedores, Inc.

  • “As an owner, I really appreciate the ability to pick up the phone and talk to John or Steve at any time; it is more than just your typical client relationship. The analysis they offer both in reports and consultation is up-to-date, concise, and always relevant to helping me build my business.”

    Mr. Bill Bitzer

    Manager, R.D. Bitzer Company

  • “We appreciate Wouch, Maloney & Co., LLP not only for its performance with respect to auditing our financial statements and preparing our tax returns, but also for the concern of its partners and staff for our enterprise, IEW Construction Group, Inc.

    Starting with our initial meeting with your firm, it was apparent you cared about understanding IEW and adding value to our enterprise while maintaining high professional and ethical standards.

    During the course of our relationship, Wouch, Maloney has performed extremely well for IEW. We have come to rely on your general business advice and guidance about changing accounting standards. Our bank and bonding company are also very pleased with the quality of our financial statements.”

    Mr. John Dempsey

    Controller, IEW Construction Group, Inc.

  • “I have been working with Steve Wouch and Jeff Helphrey of Wouch, Maloney & Co. in a complicated litigation matter. The books, records and documents supplied by our opposition were a total mess and the matter was unusually complicated. Steve and his associate, Jeff, have been incredible to work with - thorough, extremely competent, professional and responsive in a way I have never experienced with any expert.

    I cannot recommend them highly enough. If anyone is looking to hire a forensic accountant, you would be in excellent hands with Steve and his group.”

    Ms. Jane E. Leopold-Leventhal

  • "I have known Steve Wouch for over 30 years & there is none better or more attentive in the business. He takes a personal interest in each and every client and I always know where I am in my business, where I should be & how to plan for the future.

    I just love the Facebook updates from Wouch, Maloney & Co. It seems my investment firm does as well and it helps explain things for us non-accounting individuals in language we can understand!"

    Ms. Connie Scherr