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Gambling at a Race & Personal Income Tax Services Graphic

The Gambling Taxation Dilemma: Taxable Winnings and Nondeductible Losses

A Day at the Races, hosted by the Associated Builders and Contractors…
Wouch Maloney - Certified Public Accounting Firm - Wednesday Wisdom

The Inflation Reduction Act of 2022

Earlier this month, we wrote about the tax provisions included…
Wouch Maloney - Certified Public Accounting Firm - Wednesday Wisdom

Highlights of Tax Provisions and Tax Credits in the Inflation Reduction Act of 2022

On July 27, 2022, Senator Joe Manchin and Senate Majority Leader…
Daily Update on Taxes From The Business Tax Advisors at Wouch Maloney in Horsham

Mileage Rate Increase for 2nd Half of 2022 Announced by IRS

On June 9, 2022, the IRS announced an increase in the optional…
Wouch Maloney - Certified Public Accounting Firm - Wednesday Wisdom

Minimize Tax Issues in 2022 by Scheduling Meetings and Reminders

After a year of significant capital gains and a fluid tax situation…
Wouch Maloney - Certified Public Accounting Firm - Wednesday Wisdom

IRS Under Fire for Destroying Approximately 30 Million Paper Records

The IRS may need to hire a PR team to improve their image. As…
Wouch Maloney - Certified Public Accounting Firm - Wednesday Wisdom

Tax Strategies and Capital Gains

Part 2: Stock Portfolio Investments Last week, we noted that…
Philadelphia Wage Tax Graphic From the Business Tax Consultants at Wouch Maloney

File Philadelphia Wage Tax Return Quarterly in 2022

The City of Philadelphia's Department of Revenue has changed…
Wednesday Wisdom From Wouch Maloney - CPA Firm

Highlights from 2023 Proposed Federal Budget

This week, proposed increases to corporate taxes and wealth…
Wouch Maloney - Certified Public Accounting Firm - Wednesday Wisdom

IRS Requires Yes or No Response to Virtual Currency Question

Last week, the IRS released a reminder that all taxpayers, not…