Whalen CPAs: Firm News

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Every business owner hopes to harvest the wealth locked up in the business. Unfortunately, most owners over-value their businesses. This

Exit planning, although often only associated with the end of a career, is actually both a starting and end point.

The business landscape constantly evolves, and businesses must be prepared for anything. That's why it's essential to have a strong

Does your business work on projects that take longer than a year to complete? Recognizing revenue from long-term projects usually

Now that Labor Day has passed, the holidays are just around the corner. Many people may want to make gifts

Many homeowners across the country have seen their home values increase in recent years. According to the National Association of

Let’s say you own highly appreciated land that’s now ripe for development. If you subdivide it, develop the resulting parcels,

An estimated 190 million Americans have recently been under heat advisory alerts, according to the National Weather Service. That may

Receivables: Quality counts

For many companies, a significant line item on the balance sheet is accounts receivable. But can you take the amount

The accounting profession is facing a talent crisis. The U.S. Bureau of Labor Statistics estimates that roughly 17% of U.S.

Does your organization offer health care and retirement benefits for its employees? Benefit plans with 100 or more participants are

If you’re planning your estate or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for