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Daily Update from Wouch Maloney - CPA in Horsham & Philadelphia

Form 1099-NEC Replaces Form 1099-MISC for Nonemployee Compensation

Form 1099-NEC is a new form specifically for the reporting of…
Wednesday Wisdom From Wouch Maloney - CPA Firm

Reminder for S Corps: Report Health Insurance Premiums on a W-2 for 2% Shareholder-Employee

Article updated December 8, 2021. With three weeks remaining…
Year-End Payroll Processing Reminders Graphic From Wouch Maloney - CPA Firm

Year-end Payroll Processing Reminders for 2020

With just seven weeks to go, we want to focus on year-end payroll…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

Draft Version of New Quarterly Form 941 and Instructions Takes Into Account COVID-19 Employment Tax Credits

The IRS has issued a draft version of the new 2020 Form 941 (Employer's…
Daily Update COVID-19 From the Business Accountants at Wouch Maloney

Economic Impact Payment Update From IRS and US Treasury

Most Americans are curious to know the status of their economic…