Whalen CPAs: Firm News

What’s New at Whalen CPAs?

Exciting things are always happening at Whalen CPAs! Stay abreast of firm news and Contact Us if you have any questions.

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How activity-based costing can improve business performance
  Your income statement indicates whether your business is profitable — but it doesn’t always explain why. For many small
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Important 2026 tax figures for businesses
A new year brings many new tax-related figures for businesses. Here’s an overview of key figures for 2026. Be aware
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Change orders require careful accounting
If your business does contract-based work, you know that change orders are a fact of life. This holds true regardless
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Checking off RMDs on the year-end to-do list
You likely have a lot of things to do between now and the end of the year, such as holiday
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Using the audit management letter as a strategic tool
Year end is fast approaching. Calendar-year entities that issue audited financial statements may be gearing up for the start of
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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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