Wouch, Maloney & Co., LLP Certified Public Accountants

06/17/2026

Residents of Philadelphia and nonresidents who work in the City of Philadelphia will pay a lower city wage tax beginning July 1, 2026. To learn more, be certain to read this week's WM Wisdom.

Residents of Philadelphia and nonresidents who work in the City of Philadelphia will pay a lower city wage tax beginning July 1, 2026.

06/10/2026

During the last quarter of 2025, the US Department of Treasury and the IRS began the transition to electronic federal payments, which included phasing out paper tax refund checks. If you filed a 2025 tax return and are expecting a refund, the fastest and most secure method to make a payment or receive a refund is by providing valid bank account information. If you recently changed banks or entered the wrong account information when you filed your return, you may have received a CP53E notice. To learn more, please read today's WM Wisdom.

The IRS will send a CP53E notice when their attempt to use direct deposit for your tax refund failed.

06/08/2026

Congratulations Tyler Rutter, CPA!

Join us in celebrating Tyler Rutter, who received the 2026 Young Leader Award and named a PICPA Member to Watch! 🌟 This recognition highlights his unwavering commitment to the accounting profession and his active role in both PICPA and community volunteer activities. Tyler's rapid ascent in his career and potential for future leadership inspire us all. Let's support and cheer him on as he takes the next steps in his journey!

06/03/2026

Join a CPA and advisory firm that values your future!

Are you looking for job security and a clear path to a promotion or partnership?

At Wouch Maloney, we pride ourselves on independence and growth. We have no plans of being acquired, which means your career here is stable and promising.

If you're ready to take the next step, send us a DM to learn more!

06/03/2026

If you make estimated tax payments, the 2nd quarter payment is due on Monday, June 15, 2026. The IRS has multiple options on how to submit payments. To learn more, read this issue of WM Wisdom.

If you make estimated quarterly tax payments, your second quarter payment is due on Monday, June 15, 2026. This deadline affects self-employed individuals, retirees, investors, and anyone who will owe a tax amount of $1,000 or more when their return is filed.

05/27/2026

Did you or your business pay penalties and interest during the Covid-19 federal disaster period from January 20, 2020 through July 10, 2023? If so, you may be entitled a refund or abatement. To find out if you qualify and for the deadline to file a claim, please read today's WM Wisdom. -19refund

Taxpayers may be entitled to refunds resulting from penalties and interest during the COVID-19 federal disaster period from January 20, 2020, through July 10, 2023.

05/25/2026

Memorial Day: Monday, May 25, 2026

For 250 years, from the American Revolution to today, brave men and women have selflessly served our nation, with many making the ultimate sacrifice to protect the freedoms we cherish.

This Memorial Day, let's go beyond the barbecues and beach outings—it's a day to reflect, honor, and express our deepest gratitude. Share the significance of this day with your loved ones, and let's ensure the younger generation understands the true meaning of sacrifice and valor.

To all the heroes who laid down their lives for our freedom, we thank you. Your sacrifice will never be forgotten. 🙏

05/20/2026

The May/June 2026 issue of Valuation and Litigation Briefing provides insights on Rule 702 and the Federal Rules of Evidence based on a ruling from the North Carolina Business Court. Other topics include how the One Big Beautiful Bill Act affects business values, personal goodwill and more.

Topics include how the One Big Beautiful Bill Act affects business values, personal goodwill allocation, the market approach and more.

05/17/2026

Thank you for choosing us as your Philly Favorites! We're excited to share that Wouch Maloney CPAs & Business Advisors has been voted the 2026 Gold Philly Favorites Accounting Firm! Your incredible support means the world to us. This marks our third consecutive year being recognized as a Philly Favorite, and we couldn't have done it without our dedicated team and amazing clients. Thank you for believing in us!

05/13/2026

The One Big Beautiful Bill Act (“the Act”) provided many updates, and we want to remind you of the changes made to charitable giving in 2026. Changes include an increase in deductions for individuals who do not itemize, a new floor for those who do itemize and limits for taxpayers in the top 37% tax bracket. To learn more, be certain to read this week's WM Wisdom:

Changes made to charitable giving in 2026 include an increase in deductions for individuals who do not itemize, a new floor for those who do itemize and limits for taxpayers in the top 37% tax bracket.