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.

If you are a planner, you may be interested in the IRS's announcement in late October regarding annual inflation adjustments

Recently, the IRS released the 2014 annually adjusted amount for the unified gift and estate tax exemption and the generation-skipping

The decision to sell a business is one of the most important decisions a business owner will ever have to

If you’ve recently purchased or built a building or are remodeling existing space, consider a cost segregation study. It identifies

For the first time in Ohio, businesses can start and manage their business online. Businesses can file electronically via the

The state’s minimum wage will increase to $7.95 per hour for non-tipped employees and to $3.98 per hour for tipped

Background It is hard to believe that nearly four months have passed since the United States Supreme Court issued its

The Internal Revenue Service has delayed by approximately one to two weeks the start of the 2014 filing season to

Maybe. The following types of executive compensation could be subject to the health care act’s 0.9% additional Medicare tax: Fair

Contributing the maximum you’re allowed to an employer-sponsored defined contribution plan, such as a 401(k), 403(b) or 457 plan, is

Since 2007, homeowners have been allowed to exclude from their taxable income up to $2 million in cancellation-of-debt (COD) income

The regulations (IRS T.D. 9636) provide guidance on how to comply with Sections 162 and 263 of the Internal Revenue