Whalen CPAs: Blog

Discover Our Thoughts on Important Accounting Topics.

We understand that constantly changing tax laws can get confusing. That is why we keep our blog updated on tax policies that could affect the life and business of our clients. If you have any questions regarding an article featured on our blog, please contact the experts at Whalen CPAs for more information.
When companies report financial results, they often rely on estimates made by management. Examples include the allowance for doubtful accounts,
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CPA firms do more than audits and tax returns. They can also help you with everyday accounting-related tasks, such as
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The Employee Retention Credit (ERC) was a valuable tax credit that helped employers that kept workers on staff during the
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A new law was recently signed that will help Americans save more for retirement, although many of the provisions don’t
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Almost 40 years after its launch, QuickBooks® remains the leading accounting software program for small and medium-sized businesses. If you
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For years, there was talk of converging U.S. Generally Accepted Accounting Principles (GAAP) with the International Financial Reporting Standards (IFRS).
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Socking away money in a tax-advantaged retirement plan can help you reduce taxes and help secure a comfortable retirement. If
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Timely, accurate financial information is essential to running a successful business. There are a number of accounting methods you can
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If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes
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What do Tesla cars, smart TVs and equipment used for making french fries have in common? The answer is embedded
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As you may know, you can’t keep funds in your traditional IRA indefinitely. You have to start taking withdrawals from
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If you ask some business owners why they do things a certain way, they might answer, “Because we’ve always done
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To learn more, Contact Whalen CPAs today.