Wyomissing, PA Accounting Firm | Welcome Page | William G. Koch & Associates

Welcome

Welcome to our website! Our mission is to serve our clients, large and small, with the highest degree of quality and efficiency, assuring that each client receives consistent, personal and professional services; to personally assist our clients in reaching their business and financial goals, minimizing their tax burdens and monetary obligations; to keep abreast of new developments in the diverse realms we serve, so we may better assist each client with the most appropriate accounting, auditing, financial and tax planning services; and to serve our clients with respect and integrity. Please call us for a free initial consultation.
Click here for information on looming tax changes for 2013!

Tax Updates

FICA Rate Update

Congress and the President extended the 4.2% OASDI (Social Security) employee rate through 2012.  The IRS released revised Form 941 enabling employers to properly report the newly-extended payroll tax cut.

FUTA Rate Update

The FUTA tax credit claimed by Pennsylvania employers when calculating the FUTA tax rate has been reduced from 5.4% to 5.1%.  The FUTA tax rate for 2012 (and retroactively to 2011) is .9% (.8% in 2010).  The .9% is comprised of the .6% (07/01/11) rate plus the .3% credit reduction.  The additional 2011 tax will be collected when employers file their 2011 annual Form 940.  The first $7,000 of wages is subject to this tax.

The increase in tax rate (decrease in tax credit) was enacted because Pennsylvania has a two year outstanding loan balance with the federal government that was used to pay for unemployment benefits.  If this balance remains unpaid in 2012, the rate will increase another .3% (credit will be reduced to 4.8%).

Services

Our services encompass nearly every aspect of financial life. We are experienced in all matters of accounting, auditing and taxation, IRS problem resolution, estates and trusts, business formation, financial planning and investment, real estate and business sales.

Our Firm

Our firm's reputation for providing quality service reflects the high standards we demand of ourselves. Our high standards, responsive service and specialized staff spell the difference between our firm and the rest.

Free Reports and Newsletters

Reduce your taxes... Make better business decisions... and learn how to grow your wealth by reading our Free Reports on financial strategies for business owners, individuals, and investors. You also get the latest breaking tax saving strategies in our monthly newsletter.

Tools and Resources

Balance your checkbook, save for college, check the current tax rates, tax due dates, when you'll get your tax refund, incorporate your business, get the latest version of QuickBooks, securely send us your accounting files, or pickup a previous years tax returns.  Certified QuickBooks ProAdvisor and Notary Public on site.

 

  

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