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
Why can’t my profitable business pay its bills?
If your profitable business has trouble making ends meet, it’s not alone. Many business owners mistakenly equate profits with cash
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Not-for-profit organizations exist to achieve nonfinancial or philanthropic goals, not to make money or build value for investors. But they
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How to leverage AI in your accounting department
Many people speculate that artificial intelligence (AI) will replace humans for certain work-related tasks in the future. But accounting and
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Keeping careful business records for meal and vehicle expenses can safeguard your tax deductions. Here are some DOs and DON’Ts.
If you’re claiming deductions for business meals or auto expenses, expect the IRS to closely review them. In some cases,
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Traditional business models in many sectors have been disrupted by the COVID-19 pandemic, geopolitical uncertainty, rising costs, and falling consumer
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Are you getting ready to retire? If so, you’ll soon experience changes in your lifestyle and income sources that may
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Working capital — the funds your company has tied up in accounts receivable, accounts payable, and inventory — is a
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cybersecurity background
Cybersecurity is essential in the workplace because it helps to protect the company's data, networks, and systems from unauthorized access,
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Many businesses and nonprofits use QuickBooks® as a cost-effective solution to manage their accounting processes. However, the software’s capabilities extend
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If you’re a crypto investor or user, you may have noticed something new on your tax return this year. And
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Beware of the gray areas in accounting
Accounting and auditing standards have come under scrutiny in the wake of recent high-profile bank failures. Investigations are currently underway
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Latest News - Tailored Consulting Service Announcement
We are excited to announce that Whalen CPAs is expanding its services and is now offering Dental & Healthcare Practice
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