LOCALLY OWNED & MANAGED BUSINESS ADVISORS AND CPAS

Maloney + Novotny helps clients achieve financial success by providing tax and advisory services through a long-term relationship built on trust.

Now serving the Clearwater, FL community.

OUR ACCOUNTING FIRM SERVES

SERVICES

Your business is important to us. Whether you are in need of tax, business consulting or auditing and assurance service, our team of dedicated professionals will determine the best, customized solution to help your business grow.

Our full-service tax department provides services with an emphasis on maximizing value to the client through knowledge, insight and detailed methodology.

TAX SERVICES

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The Accounting Services Team provides tailored, cost-effective accounting solutions to all organizational levels spanning a variety of industries.

ACCOUNTING SERVICES

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We provide a comprehensive range of business consulting services to help navigate any challenges that arise within the industry.

BUSINESS CONSULTING

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We offer tailor-made audits and accounting plans built around specific areas of concerns and risks that come up in the industry.

AUDIT & ASSURANCE

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Our Risk Advisory Team is ready to initiate your SOC Complaince, HITRUST, IT Audit & Compliance and Cybersecurity projects, whether it’s your first or hundreth.

RISK ASSURANCE & ADVISORY

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M+N Family Office Services, a subsidiary of Maloney + Novotny, offers a full line of family planning services to multi-generational family units.

FAMILY OFFICE SERVICES

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INDUSTRY NEWS + EVENTS

JON RUPLE NAMED TO CLEVELAND MAGAZINE’S THE CLEVELAND 500

Cleveland, Ohio – Maloney + Novotny is proud to recognize that Jon Ruple, Managing Partner of the firm, has been named by Cleveland Magazine as a member of its The Cleveland 500 list. Cleveland Magazine’s 2024 edition of The Cleveland 500 is a resource that features leaders from all facets of the business, arts and […]
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ANGEL BOULIS TO LEAD DELAWARE OFFICE

DELAWARE, OH – January 1, 2024 – We are pleased to announce that Angel Boulis has been named the Partner in Charge of Maloney + Novotny’s Delaware office. Angel is a Shareholder and has been with the firm for over 10 years. Her practice focuses on tax and accounting work for small to mid-sized businesses. […]
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IRS DETERMINES OSHA GUIDANCE CANNOT BE USED FOR ERC ELIGIBILITY

By: Chris Anderson, Shareholder In Generic Legal Advice Memorandum (GLAM) 2023-007, the IRS has determined that taxpayers cannot treat OSHA guidance as a government order that caused a full or partial suspension of operations, which was one of the ways in which taxpayers could become eligible for the Employee Retention Credit (ERC). The GLAM noted […]
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CORPORATE TRANSPARANCY ACT — Beneficial Ownership Information Reporting Requirement

The Corporate Transparency Act (“CTA”) was enacted into law as part of the National Defense Act for Fiscal Year 2021. The CTA requires the disclosure of the beneficial ownership information (otherwise known as “BOI”) of certain entities from people who own or control a company. It is anticipated that 32.6 million businesses will be required […]
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IRS ANNOUNCES WITHDRAWAL PROCESS FOR EMPLOYEE RETENTION CREDIT CLAIMS

By: Chris Anderson, Shareholder In our previous article “IRS Halts Processing of Employee Retention Credit Claims”, we noted that the IRS was in the process of developing a program to allow taxpayers to withdraw an ineligible Employee Retention Credit (ERC) refund claim.  The program was unveiled on October 19, 2023, in a news release (IR-2023-193). […]
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IRS HALTS PROCESSING OF EMPLOYEE RETENTION CREDIT CLAIMS

By: Chris Anderson, Shareholder The IRS announced through its Newswire service (IR-2023-169) on September 14, 2023, that it has halted the processing of new employee retention credit (ERC) claims through the end of 2023 amid concerns of fraudulent returns and predatory tactics of certain boutique tax credit firms. IRS Commission Danny Werfel stated, “The IRS […]
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IRS ANNOUNCES DELAY IN ROTH CATCH-UP CONTRIBUTION REQUIREMENT

The SECURE Act 2.0 made a significant change to 401(k) and 403(b) catch-up contributions made by participants who are age 50 or older. Beginning in 2024, participants who are eligible to make catch-up contributions and whose compensation exceeded $145,000 in the preceding calendar year are required to make their catch-up contributions as Roth after-tax contributions. […]
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M+N Young Professional Group Honored

Maloney + Novotny is proud to announce that the firm’s Young Professional group has been named Engage!Cleveland’s 2023 Program of the Year.
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M&N’s professionalism and attention to detail have made the auditing process stress-free. They have helped us to elevate our accounting processes and build a stronger financial foundation for our organization.
Barbara Ewing CEO, Youngstown Business Incubator
Maloney + Novotny maintains an unparalleled willingness to partner with their clients as their professional team members educate, communicate and find solutions quickly in every measure of business engagement. The team at Maloney + Novotny strives to guide clients into telling their story through improved audit controls and processes that result in proven, enhanced satisfaction within a client’s customer base. Trusted service is top notch by Maloney + Novotny as a consistent level of expertise, knowledge and integrity is displayed with confidence from every member of the team. Maloney + Novotny is a proven, dedicated leader in the industry.
Mary Parrinello Privacy Officer, CorVel Corporation
The individuals at Maloney + Novotny not only understand our business, they care about our success. They take a proactive approach to keep us abreast of new and current developments that affect our business. The timely responses to issues that arise are unlike any other firm we have worked with. By using Maloney + Novotny, we not only get access to a CPA firm, we get access to extremely talented business advisors. Their global alliance helped us tremendously last year when we acquired a competitor with operations in Mexico.
Bill Burke Chairman of the Board, Fire-Dex LLC

WHAT OUR CLIENTS ARE SAYING

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