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.
Now that fall is officially here, it’s a good time to start taking steps that may lower your tax bill
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Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep
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Your CPA offers a wide menu of services. One flexible offering, known as an “agreed-upon procedures” engagement, provides limited assurance
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In its latest report, the National Association of Realtors (NAR) announced that July 2022 existing home sales were down but
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High-income taxpayers face two special taxes — a 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax
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Auditing standards require financial statement auditors to identify and assess the risks of material misstatement due to fraud — and
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In today’s volatile market conditions, it’s important to review your accounts receivable ledger and consider writing off stale, uncollectible accounts.
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You may have heard that the Inflation Reduction Act (IRA), a remnant of Biden’s build back better plan, was signed
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The Financial Accounting Standards Board (FASB) could have congressional lobbyists nipping at its heels over a “book minimum tax” rule
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Do you own a successful small business with no employees and want to set up a retirement plan? Or do
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As businesses and not-for-profit entities increasingly rely on technology, cyberthreats are becoming more sophisticated and aggressive. Auditors must factor these
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If you don’t have enough federal tax withheld from your paychecks and other payments, you may have to make estimated
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To learn more, Contact Whalen CPAs today.

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