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. Want info delivered right to your inbox –  Subscribe Now
6 last-minute tax tips for businesses
Year-round tax planning generally produces the best results, but there are some steps you can still take in December to
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Is your accounting software working for your business or against it?
Choosing the right bookkeeper is one of the most important staffing decisions your business will make. A skilled bookkeeper maintains
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New itemized deduction limitation will affect high-income individuals next year
Beginning in 2026, taxpayers in the top federal income tax bracket will see their itemized deductions reduced. If you’re at
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Is your accounting software working for your business or against it?
When buying new accounting software or upgrading your existing solution, it’s critical to evaluate your options carefully. The right platform
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Business owners: You don’t need a crystal ball to see the future, just your CPA and Financial Statements
Financial statements report historical financial performance. But sometimes management or external stakeholders want to evaluate how a business will perform
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3 tips to streamline your accounting processes
Whether you operate a for-profit business or a not-for-profit organization, strong accounting practices are essential for maintaining financial health and
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Boost your tax savings by donating appreciated stock instead of cash
Saving taxes probably isn’t your primary reason for supporting your favorite charities. But tax deductions can be a valuable added
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Small business owners might be tempted to rush through setting up customer profiles in QuickBooks® just to get invoices out
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The power of catch-up retirement account contributions after 50
Are you age 50 or older? You’ve earned the right to supercharge your retirement savings with extra “catch-up” contributions to
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Payroll tax implications of new tax breaks on tips and overtime
Before the One Big Beautiful Bill Act (OBBBA), tip income and overtime income were fully taxable for federal income tax
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You shouldn’t rely on gut instinct when making major business decisions, such as launching a new product line, investing in
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To learn more, Contact Whalen CPAs today.