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.
In recent years, restricted stock has become a popular form of incentive compensation for executives and other key employees. If
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The long-term capital gains rate is currently 0% for gain that would be taxed at 10% or 15% based on
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If you have a traditional IRA, you might benefit from converting all or a portion of it to a Roth
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Many businesses may benefit from purchasing assets by Dec. 31 to take advantage of depreciation-related deductions that are scheduled to
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Income tax generally applies to all forms of income, including cancellation-of-debt (COD) income. Think of it this way: If a
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In recent months, there has been much interest in the rise of the Ohio Shale Play currently taking place on
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Sign up to download our social media whitepaper![email-download download_id="1" contact_form_id="209"]As a business, the thought of approaching social media can be
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After being in session for only two weeks in September, Congress has now adjourned until after the November 6 elections
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Currently, if your eligible medical expenses exceed 7.5% of your adjusted gross income (AGI), you can deduct the excess amount.
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Veterans provide a valuable labor pool, full of highly trained, hard-working team players with strong leadership skills. There's also a
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The partners of Whalen & Company - Laura Wojciechowski (WPO Chapter I) and Lisa Shuneson (WPO Chapter II) - are
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Donations to qualified charities are generally fully deductible, and they may be the easiest deductible expense to time to your
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To learn more, Contact Whalen CPAs today.