The U.S. Department of Treasury has released the Payroll Protection Program application, important documentation regarding the Borrower Information Fact Sheet and the Lender Information Fact Sheet. This urgent information should be reviewed and completed immediately if you plan to seek a loan under this program. All loan terms will be the same for everyone. Be […]
We continue to update our list of links and phone numbers for resources related to the COVID-19 pandemic. Information for businesses and individuals is included. As always, if you are unable to find the information you need, or have a question related to your PPP loan or other relief program to help during this pandemic, […]
We want to reassure you that we are diligently working to complete your tax returns timely and assist you in any way. Our accountants are working remotely and are available to answer any questions you may have by email, phone or text. Should you expect a refund, we recommend that you file your tax return […]
Official guidance by the IRS and US Treasury Department was issued on March 18th regarding deferments available for individual, non-corporate and corporate taxpayers. According to the press release issued by the US Treasury, this Grant of Relief will allow individuals, and other non-corporate tax filers, the ability to “defer up to $1 million of federal income […]
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Lisa J. Cosentino, CPA, CFE, CIA, FLMI, has been hired as Principal of Business Advisory Services at Wouch Maloney. In this role, Cosentino will enhance the firm’s capabilities in advising closely held companies in the insurance, construction, manufacturing, wholesale and services industries. “I look forward to helping our clients proactively improve their internal controls and […]
Wouch Maloney has named James “Jim” Behan Audit Manager. In this role, Behan, a Certified Public Accountant (CPA), will lead the firm’s accounting and audit practice and enhance the firm’s auditing capabilities for closely held companies in the construction, manufacturing, wholesale and services industries. “I am excited to join a firm that not only delivers […]
On December 20th, the President signed the Setting Every Community Up for Retirement Enhancement (SECURE) Act into law. The Act is widely considered to be the most significant retirement policy legislation since the Pension Protection Act of 2006. The SECURE Act includes many reforms that increase access to workplace retirement plans and expand retirement savings […]
Suzanne “Suzy” Feldman, CPA, MT, and Senior Tax Manager at Wouch Maloney, was interviewed and quoted in the December 9, 2019, edition of the Philadelphia Inquirer, for an article on year end tax moves. The focus was on deductions small business owners may take since the enactment of the 2017 Tax Cuts and Jobs Act. […]
News, ideas, and advice to keep you informed and ahead of the curve.
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